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Oops I did it once more - this time I speak to my phone about monetary policy in the Gulf States and also my pointer that these countries ought to secure their moneys to the oil rate or a basket of the oil price as well as the United States buck. I'm posting this due to a chat I had the other day, trying to discuss ideal currency exchange rate plan in the face of a terms of trade shock. At the Monetary Policy Committee (MPC) conference today, Financial institution Negara Malaysia made a decision to maintain the Overnight Policy Price (OPR) at 3.25 percent.

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