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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Elekdag, Selim
Outros autores: Alp, Harun, Lall, Subir
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/035
Acceso en liña:Full text available on IMF