These three monetary policies have great influence on our country. These three tools are the three most commonly used tools of China's central bank and the most effective tools. The adjustment effect on China's economy is very obvious, and it has also attracted the attention of the whole society.
Open market business is the most commonly used tool. Open market business is the most commonly used tool in China. Every time there is a problem in the national economy, the central bank will release some liquidity to the market, basically through open market operations to release liquidity. In the case of a relatively large amount of market funds, it will also extract certain liquidity through open market business operations.
The rediscount rate will affect the national cash. The rediscount rate has a great influence on China's total cash. Raising the rediscount rate can reduce the total amount of cash in this society. When the interest rate is lowered, the total amount of cash in this society will increase, so that every industry can get more cash, so that the economy can develop faster.
The deposit reserve ratio can affect all commercial banks. The deposit reserve ratio is also the most commonly used tool of the People's Bank of China. The deposit reserve ratio has a certain impact on every commercial bank. With the increase of deposit reserve ratio, commercial banks must make more preparations to connect with the central bank.
Through the analysis of the above three aspects, we can find that monetary policy tools have a great influence on China, and every industry in China is greatly influenced by money. On the basis of influencing the amount of money in China, the three major monetary instruments regulate the economy of the whole country to a certain extent.