This Selected Issues paper analyzes the use of capital controls and evolution of the capital control regime in Malaysia. The paper highlights that following a period of strong downward pressures on the ringgit, the Malaysian authorities introduced on September 1, 1998 a wide range of capital control...
|a Washington, D.C. :
|b International Monetary Fund,
|c 1999.
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|a 1 online resource (150 pages)
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|a IMF Staff Country Reports
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This Selected Issues paper analyzes the use of capital controls and evolution of the capital control regime in Malaysia. The paper highlights that following a period of strong downward pressures on the ringgit, the Malaysian authorities introduced on September 1, 1998 a wide range of capital controls along with pegging the exchange rate at RM 3.8 vis-a-vis the U.S. dollar. The paper provides a brief review of Malaysia's approach to capital account liberalization prior to September 1998. It also reviews the circumstances surrounding the imposition of the controls in September 1998, and their impact.
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|a Mode of access: Internet
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|a IMF Staff Country Reports; Country Report ;
|v No. 1999/086
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/1999/086/002.1999.issue-086-en.xml
|z IMF e-Library