THE DEVELOPMENT OF THE INSTRUMENTS OF THE CREDIT SYSTEM REGULATION IN THE PRIDNESTROVIAN MOLDAVIAN REPUBLIC

Abstract

Monetary regulation can be successful only if state has a possibility to influence scale and nature of commercial banks’ transactions. The article by identifying specific features of Pridnestrovskiy Moldavian Republic economy and factors of its development finds out peculiarities of regulating credit organizations in the Republic and discloses the process of designing tools of monetary regulation and grounds the necessity of its further enhancement for economic growth stimulation. The author analyzes the process of developing operations for re-financing, obligatory reservation, transactions on open market with state securities and deposit operations of the central bank of the Republic aimed at securing sustainability and stability of the monetary system.

Keywords

• monetary regulation
• monetary policy
• re-financing transactions
• deposit operations
• bank liquidity