Bank Negara welcomes IMF decision on Chinese currency


Central bank presence: Zeti at the leadership summit.

KUALA LUMPUR: Bank Negara governor Tan Sri Zeti Akhtar Aziz welcomes the inclusion of the Chinese currency in the International Monetary Fund’s (IMF) basket of reserve currencies as an “important development” that will contribute to greater stability in the international monetary system.

But the central bank is in no rush to increase its holdings of yuan reserves.

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Business , Ringgit , yuan , Bank Negara

   

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