The overnight repo rate, 7-day repo rate and bank note issue rate are the major reference rates of China monetary market.

我国货币市场的参考利率一般有隔夜回购利率、7天回购利率和央行票据的发行利率。

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And the monetary control means mainly includes legal reserve requirement rate control, rediscount rate control, and open market business control, etc.

金融调控手段主要有法定存款准备金率调控、再贴现率调控、公开市场业务调控等。

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On the monetary side, the IMF and Pakistan have agreed to continue 'flexible exchange rate' policy, which means that the State Bank would not intervene in the market to stabilise the rupee.

在金融方面，国际货币基金组织和巴基斯坦已经同意继续'灵活的汇率政策，这意味着国家银行不会干预市场，以稳定卢比。

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As the storm gathered during 2008, the Fed aggressively eased monetary policy by using such open market operations (supplemented by discount rate reductions) to drive short-term interest rates to near-zero levels.

FORBES: Nothing to Fear from Fed's Monetary Ease

For starters, the lack of a decent recovery means that the Bank of England may have to loosen monetary policy even further this year, meaning that the market interest rate that foreigners can earn holding sterling will stay very low.

BBC: A pounding for sterling in 2013?

The Federal Reserve has maintained a super-easy monetary policy in the name of reducing the jobless rate and to reflate the housing market, but this has contributed to higher food and energy prices and thus reduced real income gains.

WSJ: Review & Outlook: The Vanishing Workers