Published: 31/1/2015

The Act on the Croatian National Bank provides the regulatory basis for monetary policy implementation. In addition, certain regulations in the field of monetary policy implementation are also based on the Foreign Exchange Act. Pursuant to these acts the CNB Council and Governor adopt subordinate legislation (decisions and instructions) which governs in detail monetary policy instruments and measures necessary to regulate credit activities, liquidity of credit institutions, and money supply, as well as measures regarding interest rates and the domestic currency exchange rate.