Хямралаас өмнөх [[Малайз]] нь [[Дотоодын нийт бүтээгдэхүүн|
had a large current account deficit of 5% of [[Gross domestic product|GDP]]. At the time, Malaysia was a top investment destination, and this was reflected in [[KLSE]] activity which was regularly the most active exchange in the world. (with turnover exceeding even markets with far higher capitalisation like the [[NYSE]]) . Expectations at the time were that the growth rate would continue, propelling Malaysia into developed status by 2020, a government policy articulated in [[Wawasan 2020]]. As at start of 1997, the KLSE [[Composite]] [[index (economics)|index]] was above 1,200, the ringgit was trading above 2.50 to the dollar, and the overnight rate was below 7%.