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    Lo 14 Tool of Monetary Policy

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    Nurin Fatin Syahira
    The document discusses the role and functions of central banks in implementing monetary policy. It defines the central bank as an important financial institution that implements the government's economic policies. The functions of central banks are outlined as issuing currency, maintaining reserves, acting as a banker to both the government and other banks, promoting monetary stability, and holding a country's gold and foreign reserves. The document also distinguishes between the two types of monetary policy a central bank can pursue - contractionary monetary policy to curb inflation, and expansionary monetary policy to stimulate the economy.

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    Lo 14 Tool of Monetary Policy

    Uploaded by

    Nurin Fatin Syahira
    21 views12 pages
    The document discusses the role and functions of central banks in implementing monetary policy. It defines the central bank as an important financial institution that implements the government's economic policies. The functions of central banks are outlined as issuing currency, maintaining reserves, acting as a banker to both the government and other banks, promoting monetary stability, and holding a country's gold and foreign reserves. The document also distinguishes between the two types of monetary policy a central bank can pursue - contractionary monetary policy to curb inflation, and expansionary monetary policy to stimulate the economy.

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    The document discusses the role and functions of central banks in implementing monetary policy. It defines the central bank as an important financial institution that implements the government's economic policies. The functions of central banks are outlined as issuing currency, maintaining reserves, acting as a banker to both the government and other banks, promoting monetary stability, and holding a country's gold and foreign reserves. The document also distinguishes between the two types of monetary policy a central bank can pursue - contractionary monetary policy to curb inflation, and expansionary monetary policy to stimulate the economy.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    21 views12 pages

    Lo 14 Tool of Monetary Policy

    Uploaded by

    Nurin Fatin Syahira
    The document discusses the role and functions of central banks in implementing monetary policy. It defines the central bank as an important financial institution that implements the government's economic policies. The functions of central banks are outlined as issuing currency, maintaining reserves, acting as a banker to both the government and other banks, promoting monetary stability, and holding a country's gold and foreign reserves. The document also distinguishes between the two types of monetary policy a central bank can pursue - contractionary monetary policy to curb inflation, and expansionary monetary policy to stimulate the economy.

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    Attribution Non-Commercial (BY-NC)
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    of 12

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    3/29/12

    PB 202 MACROECONOMICS MONEY AND MONETARY POLICY


    REALIZE THE ROLE OF THE CENTRAL BANK IN ECONOMY
    3/29/12

    After you complete this part, ou should y be able to

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    Define role of central bank in economy

    The functions of central bank

    THE ROLE OF CENTRAL BANK IN IMPELEMENTING THE MONETARY POLICY

    3/29/12

    CONTRACTIONA RY MONETARY POLICY

    EXPANSIONARY MONETARY POLICY

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    LO1: DEFINE ROLE OF CENTRAL BANK IN ECONOMIC LO2: DISCUSS THE FUNCTIONS OF CENTRAL BANK LO3: THE ROLE OF CENTRAL BANK IN IMPLEMENTING THE MONETARY POLICY LO3 A: CONTRACTIONARY MONETARY POLICY LO3 B: EXPANSIONARY MONETARY POLICY

    3/29/12

    LO1: DEFINE ROLE OF CENTRAL BANK IN ECONOMIC

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    The central bank is an important financial institution in every country. It plays an active role in implementing the governments economic policy in the country. Bank Negara Malaysia

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    Established on 26 January 1959 under the Central Bank of Malaysia Act 1958 (CBA 1958). The CBA 1958 has been repealed by the Central Bank of Malaysia Act 20 which became effective on 25 November 2009. It is a statutory body wholly owned by the Government of Malaysia with the paid-up capital progressively increased, currently at RM100 million. The Bank reports to the Minister of Finance, Malaysia and keeps the

    LO2: DISCUSS THE FUNCTIONS OF CENTRAL BANK

    issue currency and keep reserves safeguarding the value of the currency 2. To act as banker and financial adviser to the government 3. To be a banker to other banks 4. To promote monetary stability and a financial structure 5. Be a holder of the countrys 3/29/12 stock of gold and foreign
    1.

    To

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    LO3: THE ROLE OF CENTRAL BANK IN IMPLEMENTING THE MONETARY POLICY LO3 A: CONTRACTIONARY MONETARY POLICY LO3 B: EXPANSIONARY MONETARY POLICY

    3/29/12

    Malaysia Gabenor BNM

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