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Oops I did it once more - this time I talk to my phone concerning financial policy in the Gulf States as well as my suggestion that these nations ought to peg their currencies to the oil price or a basket of the oil price and the United States dollar. I'm uploading this due to a conversation I had the other day, attempting to describe optimum exchange rate plan when faced with a terms of field shock. At the Monetary Plan Committee (MPC) meeting today, Bank Negara Malaysia chose to preserve the Overnight Plan Rate (OPR) at 3.25 percent.
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