Steven Hess
Steven Hess
direction finally help high higher inflation interest moving raising rate relatively therefore
But finally they have and they are moving in the right direction by raising the interest rate. Inflation is relatively high and therefore the higher interest rate will help to stabilize the currency.
balance budget current determination given higher necessity
We have always thought that the Malaysian government's determination to balance its budget has not been very firm. The necessity of higher subsidies, given current policies, is yet another illustration of this.