Monetary Policy in Hybrid Regimes: The Case of Kazakhstan

Monetary Policy in Hybrid Regimes: The Case of Kazakhstan
This paper analyzes the monetary policy framework in Kazakhstan. The authorities have been successful in containing inflation in the context of a managed exchange rate regime. Over the past two years, the central bank has taken steps to enhance its ability to regulate liquidity in the financial system. However, the current policy interest rate does READ MORE...

Publication date: June 2014
ISBN 9781498340724
$18.00

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