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The cedi is the unit of currency of Ghana. It is the fourth historical and only current legal tender in the Republic of Ghana. One cedi is divided into one hundred pesewas (Gp).
The Malaysian ringgit is the currency of Malaysia. It is divided into 100 sen. The ringgit is issued by the Central Bank of Malaysia.
The Malaysian People's Party is a political party in Malaysia. Founded on 11 November 1955 as Partai Ra'ayat, it is one of the older political parties in Malaysia and traces its pedigree to the anti-colonial movements from the pre World War II period like the Kesatuan Melayu Muda.
The 13 May incident was an episode of Sino-Malay sectarian violence that took place in Kuala Lumpur, the capital of Malaysia, on 13 May 1969. The riot occurred in the aftermath of the 1969 Malaysian general election when opposition parties such as the Democratic Action Party and Gerakan made gains at the expense of the ruling coalition, the Alliance Party.
The Belize dollar is the official currency in Belize. It is normally abbreviated with the dollar sign $, or alternatively BZ$ to distinguish it from other dollar-denominated currencies.
The Singapore dollar is the official currency of the Republic of Singapore. It is divided into 100 cents. It is normally abbreviated with the dollar sign $, or S$ to distinguish it from other dollar-denominated currencies. The Monetary Authority of Singapore (MAS) issues the banknotes and coins of the Singapore dollar.
The Central Bank of Malaysia is the Malaysian central bank. Established on 26 January 1959 as the Central Bank of Malaya, its main purpose is to issue currency, act as banker and adviser to the government of Malaysia and regulate the country's financial institutions, credit system and monetary policy. Its headquarters is located in Kuala Lumpur, the federal capital of Malaysia.
In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket. The opposite of devaluation, a change in the exchange rate making the domestic currency more expensive, is called a revaluation. A monetary authority maintains a fixed value of its currency by being ready to buy or sell foreign currency with the domestic currency at a stated rate; a devaluation is an indication that the monetary authority will buy and sell foreign currency at a lower rate.
The pound was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar. Like other £sd currencies, it was subdivided into 20 shillings, each of 12 pence.
Chronic inflation is an economic phenomenon occurring when a country experiences high inflation for a prolonged period due to continual increases in the money supply among other things. In countries with chronic inflation, inflation expectations become 'built-in', and it becomes extremely difficult to reduce the inflation rate because the process of reducing inflation by, for example, slowing down the growth rate of the money supply, will often lead to high unemployment until inflationary expectations have adjusted to the new situation.
The pound was the currency of New Zealand from 1840 until 1967, when it was replaced by the New Zealand dollar. Like the pound sterling, it was subdivided into 20 shillings each of 12 pence.
The sterling area was a group of countries that either pegged their currencies to sterling, or actually used sterling as their own currency.
The Malayan dollar was the currency of the British colonies and protectorates in Malaya and Brunei until 1953. It was introduced in 1939, replacing the Straits dollar at par, with 1 dollar = two shillings four pence sterling.
The Straits dollar was the currency of the Straits Settlements from 1898 until 1939. At the same time, it was also used in the Federated Malay States, the Unfederated Malay States, Kingdom of Sarawak, Brunei, and British North Borneo.
Singapore, officially the State of Singapore, was one of the 14 states of Malaysia from 1963 to 1965. Malaysia was formed on 16 September 1963 by the merger of the Federation of Malaya with the former British colonies of North Borneo, Sarawak and Singapore. This marked the end of the 144-year British rule in Singapore which began with the founding of modern Singapore by Sir Stamford Raffles in 1819. At the time of merger, it was the smallest state in the country by land area, but the largest by population.
The All-Malaya Council of Joint Action (AMCJA) was a coalition of political and civic organisations in Malaya formed to participate in the development of a constitution for post-war Malaya in preparation for independence and to oppose the Constitutional Proposals for Malaya which eventually formed the basis of the Federation of Malaya Agreement.
The British Military Administration (BMA) was the interim administrator of British Malaya from August 1945, the end of World War II, to the establishment of the Malayan Union in April 1946. The BMA was under the direct command of the Supreme Allied Commander South East Asia, Lord Louis Mountbatten. The administration had the dual function of maintaining basic subsistence during the period of reoccupation, and also of imposing the state structure upon which post-war imperial power would rest.
Sterling was the currency of many, but not all parts of the British Empire. This article looks at the history of sterling in the Australia, New Zealand, and Pacific region.
Anarchism in Malaysia arose from the revolutionary activities of Chinese immigrants in British Malaya, who were the first to construct an organized anarchist movement in the country - reaching its peak during the 1920s. After a campaign of repression by the British authorities, anarchism was supplanted by Bolshevism as the leading revolutionary current, until the resurgence of the anarchist movement during the 1980s, as part of the Malaysian punk scene.
The 1967 sterling devaluation was a devaluation of sterling from $2.80 to $2.40 per pound on 18 November 1967. It ended a long sterling crisis that had started in 1964 with the election of Labour in the 1964 United Kingdom general election, but originated in the balance of payments crises of the preceding Conservative government.
References
- 1 2 3 4 5 6 "Curfew in Penang after 5 hartal riot deaths" . Retrieved 2015-10-03.
- 1 2 3 "Penang's untold story: Hartal 1967 | FZ.com". Archived from the original on 2017-04-25. Retrieved 2015-10-03.
- ↑ "The Currency History of Singapore". Monetary Authority of Singapore. 9 April 2007. Archived from the original on 2 February 2010. Retrieved 21 November 2010.
- ↑ Dennis Bloodworth (15 October 2010). The Tiger and the Trojan Horse. Marshall Cavendish International Asia Pte Ltd. pp. 221–. ISBN 978-981-4561-74-7.
