KUALA LUMPUR: Bank Negara governor Tan Sri Zeti Akhtar Aziz is unconcerned with the possible downgrade to “junk status” by credit default swap (CDS) traders as she believes Malaysia is resilient enough to weather the current market volatility.
“(The potential downgrade) is not by the rating agencies,” she told reporters on the sidelines of the launch of the Financial LATeracy exhibition at Bank Negara yesterday.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!