Treasury: CDS spreads don’t reflect economy’s long-term strength


KUALA LUMPUR: The Government will continue to monitor external developments and brace itself for any eventuality by ensuring that it has sufficient policy options to mitigate adverse impacts on the country, Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah said.

He said the Government was aware that Malaysia’s credit default swap (CDS) spreads had been volatile and widened recently.

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