Monetary authority
From ACT Wiki
(MA).
A national or supranational body with responsibility for:
- Issuing currency
- Maintaining and managing international reserves, including those resulting from transactions with the International Monetary Fund
The role of monetary authority is often undertaken by a central bank.
In other cases, operations may be undertaken by a currency board, or other monetary agency.
See also
- Bank of England
- Bank supervision
- Central bank
- Direct participant in an IFTS
- euro zone
- European Central Bank
- Federal Reserve Bank
- Hong Kong Monetary Authority
- Lender of last resort
- MA
- Market maker of last resort
- Monetary Authority of Singapore
- Oversight of payment systems
- Quantitative easing
- RBA
- Reserves
- Reserves account
- Reserve currency
- Riksbank
- Supranational
