000 | 02311nam a22003854a 4500 | ||
---|---|---|---|
001 | WPIEA0951996 | ||
003 | IMF | ||
005 | 20190405154439.0 | ||
006 | m o d | ||
007 | cr cn||||||||| | ||
008 | 020129s1996 dcu o i00 0 eng d | ||
020 |
_a1451950470 : _c15.00 USD |
||
020 | _z9781451950472 | ||
022 | _a1018-5941 | ||
024 | 7 |
_a10.5089/9781451950472.001 _2doi |
|
035 | _a(IMF)WPIEA0951996 | ||
040 |
_aDcWaIMF _beng |
||
100 | 1 | _aChan, Kenneth S. | |
245 | 1 | 0 |
_aCurrency Speculation and the Optimum Control of Bank Lending in Singapore Dollar _h[electronic resource] : _bA Case for Partial Liberalization / _cKenneth S Chan. |
260 |
_aWashington, D.C. : _bInternational Monetary Fund, _c1996. |
||
300 | _a1 online resource (34 p.) | ||
490 | 1 |
_aIMF Working Papers; Working Paper ; _vNo. 96/95 |
|
520 | 3 | _aThe 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 of the financial markets in Singapore. This paper suggests three policy options that would allow traders and investors to borrow Singapore dollars without any restrictions, while making it costly for speculators since their activities can cause exchange rate volatility which arguably imposes external costs to society. | |
588 | _aDescription based on print version record. | ||
650 | 7 |
_aCurrency Crisis _2imf |
|
650 | 7 |
_aExchange Rate Volatility _2imf |
|
650 | 7 |
_aExchange Rate _2imf |
|
650 | 7 |
_aFinancial Markets _2imf |
|
650 | 7 |
_aForeign Exchange _2imf |
|
651 | 7 |
_aSingapore _2imf |
|
700 | 1 | _aNgiam, Kee Jin. | |
776 | 0 | 8 |
_iPrint Version: _aChan, Kenneth S. _tCurrency Speculation and the Optimum Control of Bank Lending in Singapore Dollar : A Case for Partial Liberalization _dWashington, D.C. : International Monetary Fund, 1996. _z9781451950472 |
830 | 0 |
_aIMF Working Papers; Working Paper ; _vNo. 96/95 |
|
856 | 4 | 0 |
_uhttp://elibrary.imf.org/view/IMF001/01483-9781451950472/01483-9781451950472/01483-9781451950472.xml _zIMF e-Library |
856 | 4 | 0 |
_uhttp://www.imfbookstore.org/IMFORG/9781451950472 _zIMF Book Store |
999 |
_c148472 _d148472 |