首页 社会内容详情
足彩投注比例:Ringgit-to-US$ peg not advisable

足彩投注比例:Ringgit-to-US$ peg not advisable

分类:社会

网址:

SEO查询: 爱站网 站长工具

点击直达

哈希108竞彩平台www.hx198.vip)采用波场区块链高度哈希值作为统计数据,游戏数据开源、公平、无任何作弊可能性,哈希108竞彩平台开放单双哈希、幸运哈希、哈希定位胆、哈希牛牛等游戏。

Flexible exchange rate crucial, say economists

PETALING JAYA: Economists concur with the government’s view that the ringgit should not be pegged to the US dollar, and a flexible ringgit exchange rate is important.

Malaysia University of Science and Technology economics professor Geoffrey Williams told StarBiz that a ringgit to US dollar peg should not be the government’s policy.

“Governments and central banks cannot control exchange rates. Exchange rate targeting in the past everywhere in the world has been at best ineffective, at worst a disaster.

“Exchange rates are determined by the market in all circumstances in the short and long term.

Malaysia University of Science and Technology (MUST) economics professor Geoffrey Williams

“In most cases, they are determined by factors outside the control of monetary authorities such as economic conditions in other countries,” he noted.

Yesterday, Bernama reported Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz as saying the government has no plans for a ringgit-US dollar peg, as such a move is fraught with high risks and a large trade-off.

,

足彩投注比例www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。足彩投注比例上足球分析专家数据更新最快。足彩投注比例开放皇冠官方会员注册、皇冠官方代理开户等业务。

,

Tengku Zafrul explained that a peg would not be the best move for the economy, as it would require Malaysia to follow the monetary policy of the country to which the ringgit is pegged to.

“For example, if the ringgit is pegged to the US dollar, Malaysia’s overnight policy rate (OPR) would have to follow that of the US Federal Reserve, which is expected to raise its interest rates by 325 basis points, or 3.25 percentage points overall in 2022, although Malaysia’s economic recovery and inflation levels are different than that of the US.

“Malaysia would face constraints in setting the monetary policy, and Malaysians would have to bear the high financing cost, although the economic situation here is different from that of the United States,” Tengku Zafrul told the Dewan Negara.

He said if the peg is implemented, it would have to be accompanied by capital controls to prevent capital outflows, and that would affect foreign investor confidence.

A flexible ringgit exchange rate is important to balance the need to absorb external shocks and support the Malaysian economy, amid global uncertainty, Tengku Zafrul added.

Williams pointed out that at best, monetary agencies might influence exchange rates on an ad hoc basis, but they have no systematic influence on the level or volatility of exchange rates.

“Bank Negara is no different to that. Raising the OPR will be wholly ineffective in strengthening the ringgit and the central bank has made it clear that this is not their policy. They are wholly correct in that and I support that stance,” he said.

  • 渲染死亡的华丽。 @回复Ta

    2022-09-17 00:20:33 

    皇冠体育博彩www.huangguan.us)是皇冠体育官方信用网线上直营平台。皇冠体育博彩开放信用网和现金网代理申请、信用网和现金网会员注册、线上充值线上投注、线上提现、皇冠官方APP下载等业务。皇冠体育博彩提供皇冠官网管理端登录线路、皇冠官网会员端登录线路,皇冠官网手机网址、皇冠官网最新网址导航等服务。魅力无限啊

发布评论