An Assessment of Malaysian Monetary Policy During the Global Financial Crisis of 2008-09 /

Malaysia was hit hard by the global financial crisis of 2008-09. Anticipating the downturn that would follow the episode of extreme financial turbulence, Bank Negara Malaysia (BNM) let the exchange rate depreciate as capital flowed out, and preemptively cut the policy rate by 150 basis points. Again...

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Autore principale: Elekdag, Selim
Altri autori: Alp, Harun, Lall, Subir
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/035
Accesso online:Full text available on IMF