1986Event
Second-tier foreign exchange market introduced
The government introduced a market-based foreign exchange mechanism as part of SAP.
Hall of FameMilitary II
1986
Second-tier foreign exchange market introduced
The government introduced a market-based foreign exchange mechanism as part of SAP.
1000reasons.voteEditorial timeline entry
What happened
The government introduced a market-based foreign exchange mechanism as part of SAP. It marked a major shift from fixed exchange-rate management.
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