Government Measures for Economic Support in the Conditions of a Floating Exchange Rate of the National Currency
Leile S. Komekbayeva, Anna A. Legostayeva, Olga A. Tyan, Yerkenazym D. Orynbassarova
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Abstract

This article is focused on the government measures for economic support in the conditions of a floating exchange rate of the national currency. The authors analyzed foreign experience of the other countries and propose measures that should be improved in the national field. The implementation of monetary policy causes an increase in the money supply by the recession, stimulate spending, but at the time of inflation, on the contrary, limits the money supply in order to reduce costs. Currently, the main goal of the National Bank of the Republic of Kazakhstan is to ensure price stability in the country, expected accomplishments and keeping inflation low. In order to achieve the targets and the implementation of monetary policy, the National Bank uses certain tools. This article discusses the purpose and monetary policy instruments that have been used by the National Bank in current period and their influence on the economic system.

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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Article Type: Research Article

INT ELECT J MATH ED, Volume 11, Issue 7, 2016, 2227-2237

Publication date: 01 Sep 2016

Article Views: 2728

Article Downloads: 2879

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