Bank Negara's Sukhdave says popular yuan good for Malaysia


Bank Negara deputy governor Dr Sukhdave Singh said yesterday that anything that facilitated the growth of trade and investment flows between the Malaysian and Chinese economies would be good, and in this case, the internationalisation of the yuan was beneficial.

PETALING JAYA: The increasing use of the yuan in international trade poses little risk for Malaysia.

Bank Negara deputy governor Dr Sukhdave Singh said yesterday that anything that facilitated the growth of trade and investment flows between the Malaysian and Chinese economies would be good, and in this case, the internationalisation of the yuan was beneficial.

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