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These result in capital flight and inefficiency in monetary policy implementation. For instance whilst trade balance worsen from US$198m in 1987 to US$ 417 in 1991, the overall BOP was US$ 139m and US$ 9m for the same years. Similarly the exchange rate [?/$] depreciated from 2.75 in 1982 to 60 in 1985 and 8438...
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These result in capital flight and inefficiency in monetary policy implementation. For instance whilst trade balance worsen from US$198m in 1987 to US$ 417 in 1991, the overall BOP was US$ 139m and US$ 9m for the same years. Similarly the exchange rate [?/$] depreciated from 2.75 in 1982 to 60 in 1985 and 8438...
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