THE ROLE OF CENTRAL BANKS IN ECONOMIC STABILITY
DOI:
https://doi.org/10.37547/Keywords:
Central bank, economic stability, monetary policy, inflation, exchange rate, financial system, international experience, key rate, banking system.Abstract
This article provides an in-depth analysis of the role of Central Banks in economic stability. The main functions of the Central Bank in monetary policy, curbing inflation, stabilizing the national exchange rate, and strengthening the reliability of the banking system are highlighted. The article provides practical examples in areas such as inflation targeting, key rate, liberalization of the foreign exchange market, and ensuring financial stability. As a result, it is scientifically proven that the correct policy of the Central Bank can cause economic difficulties in the short term, but serve to ensure sustainable growth in the long term.
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References
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