In finance and economics, a monetary authority is the entity which controls the money supply of a given currency, often with the objective of controlling inflation or interest rates. With its monetary tools, a monetary authority is able to effectively influence the development of the short-term interest rates for that currency, but can also influence other parameters which control the cost and availability of money.
Classically, there is one monetary authority for one country with its currency. There are also other set-ups, e.g. when a group of countries have a joint currency like for the euro in the eurozone countries. In this case one monetary authority controls the money supply of one currency for a group of countries.
Generally, a monetary authority is a central bank with a certain degree of independence from the government(s) and its political targets and decisions. But depending on the political set-up, governments can have as much as a de facto control over monetary policy if they are allowed to influence or control their central bank.
The Hong KongMonetaryAuthority (HKMA) wishes to alert members of the public to a press release issued by Livi BankLimited relating to fraudulent websites and internet banking login screens, which have been reported to the HKMA ...Hong Kong Monetary Authority ... Hong Kong Monetary ...
Suzuki said at a press conference that the monetary authorities of Japan and other nations share the view that excessive volatility is undesirable, and the government is closely watching market developments with a heightened sense of urgency.
Singapore, 26 Sep 2023… The MonetaryAuthority of Singapore (MAS) and McKinsey & Company today jointly published a working papersetting out how high-integrity carbon credits can be utilised as a complementary financing instrument to accelerate and scale the early retirement of coal-fired power plants (CFPPs).
end of list ...Last year, protests against soaring cost of living and other economic challenges led to clashes with police and pushed authorities to ask the InternationalMonetary Fund for help ... But critics said authorities have done too little to help those struggling to make ends meet as economic growth slows ... .
Last year, protests over soaring prices and other economic challenges led to clashes with police and pushed authorities to ask the InternationalMonetary Fund (IMF) for help ... But detractors said authorities have done too little to help those struggling to make ends meet as economic growth slows ... Our Standards. The Thomson ReutersTrust Principles ... ....
But recent efforts to shift the country to a more orthodox monetary policy after ... "There is a clear normalising path of monetary policy and confidence is also being clawed back by the authorities through a number of market-friendly appointments this summer," Weiler said.