Zeti: Economy is diversified

Joint press conference by Governor of Bank Negara Malaysia Tan Sri Dr Zeti Akhtar Aziz(left) and Governor of Bank of Thailand Veerathai Santiprabhob(right) on local currency settlement framework.

KUALA LUMPUR: Malaysia is not affected by the drop in oil prices as much as the market had expected it to be, said Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz (pic).

“The market did not really take into account that we have already restructured our economy, wherein the services sector now constitutes some 55% of our economy while the manufacturing sector is 25%,” Zeti told a press conference here yesterday.