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Scheduling short-term interest rates as an instrument of monetary policy | ||
| Iraqi Journal For Economic Sciences | ||
| Article 1, Volume 0, Issue 7, 2017, Pages 87-103 | ||
| Author | ||
| Dr.Subhi Hassoun Abbas | ||
| Abstract | ||
| That monetary policy and exchange rate policy managed by the Central Bank within the general framework of economic policy. The basis is important to achieve sustainable economic growth is the presence of low inflation. To support the goal of low inflation, it is chosen fixed exchange rate. The fixed exchange rate reduces the possibility of using monetary policy, for example, to manage demand and the level of interest rates, which is not tailored to the flows balanced currency, difficult to be sustained, and any deviations in this regard lead immediately to put pressure on the exchange rate. | ||
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