ABSTRACT
Monetary policy refers to the combination
of measures designed to regulate the value, supply and cost. of money in an
economy, in consonance with the expected level of economic activity." An
excess supply of money would result to an excess demand for goods and services
which would cause rising price and I a deterioration of the balance of payment
position. On the other hand, an inadequate supply of money could induce
stagnation in the Economy. Thereby, retarding growth and development. In a
nutshell, the aims of monetary re basically to control inflation, maintain a
healthy balance of payment position in order to safeguard the external value of
the national currency and promote adequate and sustainable level of economic
growth and development. UDN Briefs, (1999).
OMEONU, E (2021). The Effect Of Monetary Policy On The Performance On Banks In Nigeria (A Case Study Of Selected Banks In Nigeria). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/the-effect-of-monetary-policy-on-the-performance-on-banks-in-nigeria-a-case-study-of-selected-banks-in-nigeria-7-2
EMMANUEL, OMEONU. "The Effect Of Monetary Policy On The Performance On Banks In Nigeria (A Case Study Of Selected Banks In Nigeria)" Mouau.afribary.org. Mouau.afribary.org, 01 Sep. 2021, https://repository.mouau.edu.ng/work/view/the-effect-of-monetary-policy-on-the-performance-on-banks-in-nigeria-a-case-study-of-selected-banks-in-nigeria-7-2. Accessed 28 Nov. 2024.
EMMANUEL, OMEONU. "The Effect Of Monetary Policy On The Performance On Banks In Nigeria (A Case Study Of Selected Banks In Nigeria)". Mouau.afribary.org, Mouau.afribary.org, 01 Sep. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/the-effect-of-monetary-policy-on-the-performance-on-banks-in-nigeria-a-case-study-of-selected-banks-in-nigeria-7-2 >.
EMMANUEL, OMEONU. "The Effect Of Monetary Policy On The Performance On Banks In Nigeria (A Case Study Of Selected Banks In Nigeria)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/the-effect-of-monetary-policy-on-the-performance-on-banks-in-nigeria-a-case-study-of-selected-banks-in-nigeria-7-2