Slovenia: Selected Issues
May 10, 2000
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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.
Subject: Banking, Exchange rates, Foreign exchange, Inflation, Monetary base, Money, Prices, Real exchange rates
Keywords: banking sector, banking system, central bank, CR, Exchange rates, foreign exchange, Inflation, inflationary spiral, ISCR, market structure, Monetary base, monetary policy, Real exchange rates, unit price, Western Europe
Pages:
77
Volume:
2000
DOI:
Issue:
056
Series:
Country Report No. 2000/056
Stock No:
1SVNEA0022000
ISBN:
9781451835687
ISSN:
1934-7685
