The Payment System and Monetary Policy /
Achieving the primary objective of price stability without unduly compromising the operational efficiency of the payment system constitutes a major problem for central banks. Routine monetary policy presumes a given institutional and technological framework, including aspects of the payment system....
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Series: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 1998/004 |
| Online Access: | Full text available on IMF |