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This Selected Issues paper and Statistical Appendix reviews the past conduct of monetary policy of Tonga. The paper considers the problems in the current system and discusses the policy options available to the authorities. It reviews Tonga’s exchange rate policy and explores its effectiveness...
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This Selected Issues paper for Indonesia reports that following the major cleanup of the banking sector after the … ratios have declined and international reserves have risen, reducing domestic and external vulnerabilities. Indonesia stands …
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This paper presents Post-Program Monitoring Discussions for Indonesia. Macroeconomic and financial market developments …
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