This paper investigates the importance of external factors in the domestic interest rate determination of Malaysia and measures the Malaysian financial market openness and domestic speed of adjustment to changes in foreign factors by capturing the effects of the Asian Financial Crisis in 1997....

The study seeks to examine the impact of financial deregulation on the money demand in Malaysia and the implication of altered money demand pattern on the Malaysian monetary conduct. It also attempts to investigate the currency substitution effect as result of the financial market development...

The paper investigates the importance of external factors in the domestic interest rate determination process and measures the openness and adjustment speed of Malaysian financial market. It also seeks to capture the effects of the Asian Financial Crisis 1997 (AFC) and the Malaysian government...

This paper investigates the importance of external factors in the domestic interest rate determination and measures the Malaysian financial market openness and domestic speed of adjustment to changes in foreign factors by capturing the effects of the Asian financial crisis in 1997. To achieve...