monetary policy is the instrument of OMO.
Monetary Policy
Commercial paper
open market operation is the most important operation or tool to control the supply of currency in circulation.when federal reserve buy the govt securities from bank or public it means that to increase the liquidity in economy and when sell for mop up the liquidity from market to shrink the economy.
market failure
They are doing their best
Monetary Policy
rbi
open-market operations
offer commercial banks more credit in the open market.
board of governers
Open Market operations are the buying and selling of goverment securities ,so they may alter the supply of money. These are often used as a monetary policy tool.
monthly audits & use open-market operation.
by coducting open market operation.
open market operations
Open market operations is the best instrument for controlling week-to-week changes in the money supply.
Open market operations is the most used instrument for controlling changes in the money supply.
application of money market instrument in nigeria