REPO Operations - a Way to Adjust Liquidity Crisis on Banking Institutions
Money market operations (open market operations) constitute the most important instrument of the monetary policy of the NATIONAL BANK of ROMANIA. They shall be carried out on the initiative of the Central Bank, having the following functions: guiding interest rates, managing the liquidity conditions...
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Dunarea de Jos University of Galati
2016-07-01
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Series: | Risk in Contemporary Economy |
Online Access: | http://www.rce.feaa.ugal.ro/images/stories/RCE2016/MihalceaFlorea.pdf |
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doaj-0352aad77cb34e7180d451fa195e8aa32020-11-24T23:01:03ZengDunarea de Jos University of Galati Risk in Contemporary Economy2067-05322067-05322016-07-013445450REPO Operations - a Way to Adjust Liquidity Crisis on Banking InstitutionsLucean Mihalcea 0Andrei-Mirel Florea 1Dunarea de Jos University of Galati, RomaniaACEAR - GalatiMoney market operations (open market operations) constitute the most important instrument of the monetary policy of the NATIONAL BANK of ROMANIA. They shall be carried out on the initiative of the Central Bank, having the following functions: guiding interest rates, managing the liquidity conditions of the monetary market and signaling the orientation of the monetary policy. In this context, a systematic and a market organization is essential) able to adapt to the new conditions imposed by the relaxation of credit operations. Implementation and operational systematization of such types of transaction can help banking entities in adjusting the liquidity crisis and the support on the way to economic growth. http://www.rce.feaa.ugal.ro/images/stories/RCE2016/MihalceaFlorea.pdf |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Lucean Mihalcea Andrei-Mirel Florea |
spellingShingle |
Lucean Mihalcea Andrei-Mirel Florea REPO Operations - a Way to Adjust Liquidity Crisis on Banking Institutions Risk in Contemporary Economy |
author_facet |
Lucean Mihalcea Andrei-Mirel Florea |
author_sort |
Lucean Mihalcea |
title |
REPO Operations - a Way to Adjust Liquidity Crisis on Banking Institutions |
title_short |
REPO Operations - a Way to Adjust Liquidity Crisis on Banking Institutions |
title_full |
REPO Operations - a Way to Adjust Liquidity Crisis on Banking Institutions |
title_fullStr |
REPO Operations - a Way to Adjust Liquidity Crisis on Banking Institutions |
title_full_unstemmed |
REPO Operations - a Way to Adjust Liquidity Crisis on Banking Institutions |
title_sort |
repo operations - a way to adjust liquidity crisis on banking institutions |
publisher |
Dunarea de Jos University of Galati |
series |
Risk in Contemporary Economy |
issn |
2067-0532 2067-0532 |
publishDate |
2016-07-01 |
description |
Money market operations (open market operations) constitute the most important instrument of the monetary policy of the NATIONAL BANK of ROMANIA. They shall be carried out on the initiative of the Central Bank, having the following functions: guiding interest rates, managing the liquidity conditions of the monetary market and signaling the orientation of the monetary policy. In this context, a systematic and a market organization is essential) able to adapt to the new conditions imposed by the relaxation of credit operations. Implementation and operational systematization of such types of transaction can help banking entities in adjusting the liquidity crisis and the support on the way to economic growth. |
url |
http://www.rce.feaa.ugal.ro/images/stories/RCE2016/MihalceaFlorea.pdf |
work_keys_str_mv |
AT luceanmihalcea repooperationsawaytoadjustliquiditycrisisonbankinginstitutions AT andreimirelflorea repooperationsawaytoadjustliquiditycrisisonbankinginstitutions |
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1725640809641934848 |