"As the central bank, we will uphold whatever that is under our purview under the legislation that we operate, and this is important. We are accountable for it," BNM Governor Tan Sri Dr Zeti Akhtar Aziz said on Monday.
She said this in an exclusive interview on CNBC when asked
Asked if she personally believed the audit outcome should be made public, she said: "I think (that is) the intention
On the possibility of Fitch Ratings downgrading Malaysia’s credit rating, among others, due to 1MDB's debt obligation, the Governor said:"We have stress test on individual borrowers and individual institutions and the system as a whole and we can categorically say that our financial institutions may have their profitability affected but they remain sound and solid.
"They remain well
On interest rates, Zeti reiterated that Malaysia was maintaining them as it was still highly
"The demand for growth and investment growth is still very significant. Investment is growing at nine per cent and
In its recent monetary policy statement, the central bank kept the key interest rate unchanged at 3.25 per cent.
On other developments, Zeti said the current volatile environment was the reason the central bank
She said there was no restriction on the timeframe, as well as, the volume businesses can hedge to manage foreign exchange exposure against a volatile environment.
Asked if Malaysia was doing enough not to be trapped in the middle-income class, Zeti said: "Up to now perhaps not enough. But in the
The Governor believed that Malaysia still has time to achieve its goal if the reforms were successfully implemented.
Asked