Term:
Monetary operations
Definition:
Monetary operations are actions taken by a central bank to implement monetary policy, such as influencing overall money market and credit conditions in the economy. These consist of using the monetary policy instruments according to prescribed monetary policy operating procedures.
Domain:
Finance
Source:
Code of Good Practices on Transparency in Monetary and Financial Policies, Part 1—Introduction, Approved by the IMF Executive Board on July 24, 2000.
