Currency Speculation and the Optimum Control of Bank Lending in Singapore Dollar : A Case for Partial Liberalization

A Case for Partial Liberalization

Currency Speculation and the Optimum Control of Bank Lending in Singapore Dollar : A Case for Partial Liberalization
The Monetary Authority of Singapore (MAS) has a long-standing policy of controlling bank lending in Singapore dollars to nonresidents and to residents who use the funds outside Singapore. While the control may prevent the internationalization of the Singapore dollar and contain exchange rate volatility, it can hinder the deepening and widening... READ MORE...

Publication date: August 1996
ISBN 9781451950472
$15.00

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