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To enable the Bank to meet the objectives of a central bank, it is vested with comprehensive legal powers under the following legislation to regulate and supervise the financial system.
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"Central Banking for Financial Stability in Asia" (PDF). 55 The CIA World Factbook reported that the per capital income (measured by purchasing power parity ) in Thailand declined from 8,800 to 8,32005; in Indonesia it increased from 2,628 to 3,185; 59 in Malaysia it declined from 11,100 to 10,400. 49 50 In 2005 the last of the crisis measures were removed as taken off the fixed exchange system. NewsHour with Jim Lehrer. In 1999, the Government started selling those shares by launching the Tracker Fund of Hong Kong, making a profit of about HK30 billion (US4 billion). However, Thailand lacked the foreign reserves to support the usdbaht currency peg, and the Thai government was eventually forced to float the Baht, on, allowing the value of the Baht to be set by the currency market. The World Bank Research Observer. Malaysian moves involved fixing the local currency to the.S.
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