Malaysia : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

September 14, 1999

Electronic Access:

Free Full text (PDF file size is 8773 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper analyzes the use of capital controls and evolution of the capital control regime in Malaysia. The paper highlights that following a period of strong downward pressures on the ringgit, the Malaysian authorities introduced on September 1, 1998 a wide range of capital controls along with pegging the exchange rate at RM 3.8 vis-à-vis the U.S. dollar. The paper provides a brief review of Malaysia’s approach to capital account liberalization prior to September 1998. It also reviews the circumstances surrounding the imposition of the controls in September 1998, and their impact.

Series:

Country Report No. 99/86

Subject:

English

Publication Date:

September 14, 1999

ISBN/ISSN:

9781451828306/1934-7685

Stock No:

1MYSEA0021999

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

150

Please address any questions about this title to publications@imf.org