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Discover LudwigThe phrase "monetary authority" is correct and usable in written English.
It can be used when referring to an institution or organization that manages a country's currency, money supply, and interest rates.
Example: "The monetary authority announced a new policy to stabilize the economy."
Alternatives: "central bank" or "financial authority."
Exact(35)
Indeed, the monetary authority does not even print the currency.
The Monetary Authority of Singapore shifted its currency band to contain imported inflation.
Although the monetary authority describes its stance every six months, it does not quantify it.
Under the euro, monetary authority has been surrendered in all but four of the EU countries.
The Hong Kong Monetary Authority has met the challenge and absorbed the incoming cash.
The central bank of Sri Lanka is the sole monetary authority in the island.
Similar(25)
Early in January Joseph Yam, Hong Kong's head of the Monetary Authority, timidly called for an Asian Monetary Union.
Hong Kong gained 7.5% as the Monetary Authority tightened financial discipline.
Mrs Cheryl-Ann Elizabeth Lister, Formerly Chairperson and Ch exec Offr, Bermuda Monetary Authority.
Today, it houses the Hong Kong Monetary Authority, along with the financial heavyweight UBS.
Now the country has a cash economy, with the Royal Monetary Authority issuing the ngultrum, the national currency.
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CEO of Professional Science Editing for Scientists @ prosciediting.com