Seminar on Currency Boards in the Context of EU Accession: Brussels, 25 November 1999 : Summary of Proceedings and Papers |
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Page 94
... reserve requirement policy . In 1997 and early 1998 the reserve requirement was tightened by establishing a reserve requirement on bank liabilities to non - residents ; however , to encourage the growth of long - term credit resources ...
... reserve requirement policy . In 1997 and early 1998 the reserve requirement was tightened by establishing a reserve requirement on bank liabilities to non - residents ; however , to encourage the growth of long - term credit resources ...
Page 107
Brussels, 25 November 1999 : Summary of Proceedings and Papers. Required reserves held with Eesti Pank2 are the most important instrument creating immediate domestic liquidity and settlement buffers and stabilising overnight interest ...
Brussels, 25 November 1999 : Summary of Proceedings and Papers. Required reserves held with Eesti Pank2 are the most important instrument creating immediate domestic liquidity and settlement buffers and stabilising overnight interest ...
Page 118
... requirements There are no ex ante reporting requirements for cross border capital ... reserve requirements and other regulations . These provisions can be used ... requirement . Estonia's Negotiating Position -- Principles Regarding the ...
... requirements There are no ex ante reporting requirements for cross border capital ... reserve requirements and other regulations . These provisions can be used ... requirement . Estonia's Negotiating Position -- Principles Regarding the ...
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accession countries adjustment adopt the euro anchor currency assets average Bank of Estonia Bank of Lithuania banking sector banking system budget Bulgaria candidate countries capital movements cent central bank commercial banks competitiveness credibility currency board arrangement currency board system Currency Commission current account deficit debt Directorate domestic Economic and Financial Economic and Monetary economic policy EMU acquis ERMII Estonian kroon Estonian monetary euro area European Commission European Union exchange rate policy exchange rate regime exports Financial Affairs financial markets financial sector fiscal policy fixed exchange rate flexibility foreign exchange framework growth Hong Kong Honohan implementation important increase inflation integration interbank interest rates investment Irish pound joining the euro liquidity litas macroeconomic Member monetary policy monetary system Monetary Union money market nominal participation payments percent period real exchange rate reserve requirement Russian crisis seigniorage stabilisation trade transition economies wages