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Oops I did it once again - this time I speak to my phone concerning financial plan in the Gulf States and my tip that these nations should fix their currencies to the oil price or a basket of the oil cost and the US buck. I'm posting this because of a discussion I had yesterday, trying to describe ideal currency exchange rate plan in the face of a regards to trade shock. At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia determined to preserve the Overnight Policy Price (OPR) at 3.25 percent.

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