Objectives of monetary control by the central bank

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  • Facilitate rapid and steady economic growth.
  • Create full employment
  • Stabilize prices of commodities
  • Ensure balanced development.
  • Enhance equilibrium in balance of payments.
  • Foreign Exchange rate stability.
  • Moop out excess liquidity
  • Control business cycles.
  • Intrest rate stability.
  • Financial market stability.



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