Ratings agencies did not give us ratings we deserved, says Zeti

Zeti: Bank Negara was one of the first central banks to diversify its reserves into instruments from this region.

She said BNM, through its own monitoring and surveillance, felt that Asean is also where it should diversify reserves into.

The future of Asean needs to be built on collective actions that are for the advancements of the region, whereas regional cooperation in the areas of surveillance, financial safety nets and crisis management is crucial, she noted.