Monetary system of Europe and the National central bank
| Author |
|---|
Zelgalvis, Elmars |
| Date | Issue | Start Page | End Page |
|---|---|---|---|
2003 | 28 | 155 | 164 |
Straipsnyje nagrinėjami instrumentai, naudojami Eu- rosistemos monetarinei politikai įgyvendinti. Šie instrumentai yra lyginami su Latvijos Banko priemonėmis. Analizuojamas Latvijos banko monetarinės politikos operacijos, įvykdytos 1998-2002 metais. Straips- nyje ypatingas dėmesys skiriamas Latvijos banko automatizuotai tarpbankinei mokėjimo sistemai, jos atitikimu! Europos Sąjungos standartams ir galimybėms ją inkorporuoti į TARGET, Eurozonos šalių mokėjimo sistemą.
The paper deals with the instruments used to implement the Eurosystcm monetary policy as well as they arc compared to the ones used by the Bank of Latvia. The amount of monetary policy operations performed by the Bank of Latvia during the period of 1998-2002 is analysed. The paper particularly focuses on the interbank automated payment system developed by the Bank ofLatvia, analysing its eligibility to the European Union standards and opportunities to incorporate into TARGET - the payment system of the euro zone countries.