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Keywords: Transmission mechanism
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Journal Articles
Effectiveness of monetary policy tools in a quasi-fixed exchange rate regime: SVAR evidence from the Maldives
Available to Purchase
International Journal of Islamic and Middle Eastern Finance and Management 1–35.
Published: 10 June 2026
... that structural constraints dominate the transmission mechanism. Practical implications From a policy perspective, the findings suggest that strengthening monetary transmission in the Maldives requires structural reforms, improved liquidity management and closer coordination between fiscal and monetary...
