The Cost of Defending Free Floating Exchange Rate Regimes – The Malaysian Experience

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What is the cost for countries using the free floating foreign exchange regime? We look at the small, open trading, progressive economy of Malaysia and came away…. stunned. Read it here!

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Free Floating exchange rate regimes have been mythicised into the balm for countries to manage their currencies. Indeed, most, if not all, developed countries have adopted the free float. However, is it useable by developing countries? What is the cost involved? We look at the small, open trading economy of Malaysia that is progressive to see it. We came away stunned. Grab a read.

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