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They can be found in a recent report on international reserve holdings at Bank Negara Malaysia, the nation's central bank. The governor of Malaysia's central bank, Bank Negara Malaysia, urged insurers to be cautious in trying to realize the potential of their business in emerging markets. From 1992 onwards, Bank Negara Malaysia (BNM) attempted on several occasions to use currency revaluations, direct credit controls, interest rates, moral suasion, and limited capital controls to tighten monetary policy. |
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