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Currency Exchange Questions
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An 8 page paper in two parts. The largest discusses the Asian currency crisis as it related to Malaysia and examines the actions that contributed to events of the crisis. It also describes Malaysia's current fiscal policy, which includes recent elimination of pegging to the US dollar in favor of management by assessing the ringgit against a combination of other currencies. The second, much smaller part of the paper discusses what covered interest arbitrage is and how it works. The Harvard-style bibliography lists 13 sources.
Filename: KSfinXchgMalay.rtf