A MORE flexible exchange rate policy will not address the structural problem of uneven world economic growth, said Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz.
Zeti said it was the change of trade flow that caused an imbalance in economic growth globally instead of exchange rates. Adjustments in exchange rate policies would affect financial flow but not trade flow, she told the Capital Market Summit in Kuala Lumpur yesterday.
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