Fri, Aug 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Malaysia well-placed to handle currency contagion, Zeti says

Posted on 22 August 2013

Zeti Akhtar Aziz, Malaysia’s central bank governor comments on risk of currency contagion and the country’s narrowing current account surplus. She made these remarks to reporters in Kuala Lumpur after announcing the second-quarter economic growth.
On the risk of currency contagion: “We are seeing highly destabilizing capital flows and this is within our expectation because we earlier saw surges of inflow in our financial system. We received something like 70 billion ringgit in inflows in search of higher returns………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36568 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31