Definition of «money system»

The term "money system" refers to a country's monetary policy, financial institutions and economic infrastructure that facilitates the creation, distribution, exchange and management of money. It includes various components such as interest rates, inflation targets, fiscal policies, banking systems, payment systems, currency exchange rates, and other mechanisms for managing the flow of money within an economy. The effectiveness of a country's money system is critical to its economic growth, stability and development.

Phrases with «money system»

Sentences with «money system»

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