Monetary authority

From ACT Wiki
Revision as of 09:51, 25 June 2022 by imported>Doug Williamson (Mend link.)
Jump to navigationJump to search

(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