The National Bank of Romania monetary policy characteristics in addition to the current financial crisis

Stefan Sambotin, Andreea Bucur

Abstract


Considering the starting point for research the Central Bank key role in economic life, through the implementation of the monetary policy, by exercising prudential control and supervision of commercial banks, the present paper proposes an analysis of the National Bank of Romania monetary policy coordinates in the frame of the increased intensification harsh effects of the global economic crisis.

Keywords


global financial crisis; monetary policy instruments; financial stability; prudential indicators; inflation targeting; monetary policy interest rate; credit risk

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ISSN: 2344-1321 (online)