At one point, the central bank thought the figure should be 100 percent.

Pressure is building for the central bank to do more.

He cut the central bank free from the rest of the Government.

The increase was the first by the country's central bank in 18 months.

The next day, officials met in the central bank to try to figure out what to do.

The increase was the second in six weeks by the central bank.

But the central bank is not likely to take that step.

"The feeling on the Street is that the central bank has to act."

Exactly how much power will the new European central bank have?

The central bank has raised rates 10 times over the past 14 months.

He described the monetary authority as "doing a good job."

In effect, the world's monetary authorities have decided that for the moment at least, the cure is worse than the disease.

"This should be done by the Palestinian monetary authority, which does not exist."

Here, monetary authorities should expand the money supply and let interest rates fall.

Established in 1994, it serves as both a monetary authority and a commercial bank for the territory.

Not everyone believes the dollar is going to fall further, including monetary authorities around the world.

Like other central banks, it is the principal monetary authority of the country.

The monetary authorities understand that their hegemony will only last for a time.

It will, of course, remain an independent central monetary authority.

But of course it did not stop the monetary authorities from trying.