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Statutory reserve requirement and open market operation

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Reference no: EM132835895

a) "Bank Negara Malaysia (BNM) is responsible to conduct monetary policy in our country which will stabilize the economy growth and achieve better employment rate". Interpret this statement based on the goals of the monetary policy implement by BNM.

b) Discuss briefly the role of "Statutory Reserve Requirement" and "Open Market Operation".

Reference no: EM132835895

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