Slovenia: Selected Issues

International Monetary Fund

No 2000/056, IMF Staff Country Reports from International Monetary Fund

Abstract: The Bank of Slovenia (BoS) officially pursues a policy aimed at lowering inflation to European levels and maintaining the stability of the currency. Since 1997, the intermediate target of the BoS has been the growth of the broad monetary aggregate M3 (defined as the daily average of the last quarter of the year relative to the same period last year). During 1995–98, to limit the impact of large inflows of foreign capital on the domestic economy and achieve its monetary targets, the BoS has resorted to heavy capital controls.

Keywords: ISCR; CR; monetary policy; unit price; banking system; foreign exchange; inflationary spiral; market structure; central bank; banking sector; Inflation; Exchange rates; Real exchange rates; Monetary base; Western Europe (search for similar items in EconPapers)
Pages: 77
Date: 2000-05-10
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