If Malaysia can stabilize its currency and kick-start its economy, why should the IMF oppose its capital controls?
In order to stabilize its currency, the U.S. needs sound banking and also to keep its economic engine humming.
Inflation was rampant as the money denominations kept adding zeros until the new peso was established to stabilize the currency.
It did nothing effective to show Russia how to stabilize its currency.
In Europe, it will hinge on the ability of policymakers to stabilize their currency and reduce labor complexities, since both issues are currently fraught with uncertainty.
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The BRL recently threatened to breach the 2.15 level, its weakest in years, while the Central Bank of Brazil (BCB) has been in a fairly concerted campaign to stabilize the currency around 2.10, but not weaker than that.
As early as the beginning of June, when the euro reached its low point, some market watchers believed that China had already begun buying the euro, enabling the currency to stabilize.
G7 leaders appear ready to lend a helping hand to Japan as it attempts to stabilize its economy, financial markets, and currency.
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This tactic will be very similar to the methods that Mario Draghi and the European Central Bank (ECB) will have to combine to fight the crisis in Europe, they too will have create a potent fusion of mechanisms to effectively stabilize the markets and save the single union currency.
The American economist had proposed that Indonesia peg its currency to the U.S. dollar to help stabilize the economy.
On Oct. 14 the Keidanren, Japan's main business federation, declared: "We in Japan strongly support the currency-control measures adopted by the Malaysian government" as necessary to stabilize the economy.
Or, if the currency board is dropped, the Fund would have to come up with a workable alternative to stabilize the rupiah.
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