Monetary policy and exchange market pressure in Malaysia
Exchange market pressure (EMP), which provides a measure of the volume of intervention necessary to achieve any desired exchange rate target, is the latest model used in the measurement of exchange rate conditions. In order to obtain a more complete picture of Malaysia’s condition and to examine ho...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Universiti Putra Malaysia Press
2013
|
Online Access: | http://psasir.upm.edu.my/id/eprint/40705/1/03%20Page%2029-46.pdf |