Adnan Zaylani Mohamad Zahid, assistant governor of the Bank Negara Malaysia, listens during a news conference in Kuala Lumpur, Malaysia, on Thursday, April 13, 2017. Malaysias central bank is trying torevive interestin its financial markets. In Decemberit revised rules to encourage investors to hedge their currency exposureonshoreand ordered exporters to hold at least 75 percent of export proceeds in ringgit. Photographer: Sanjit Das/Bloomberg
Bank Negara’s latest concept paper provides a new level of transparency and commitment
BANK Negara had a busy day on April 13. The Financial Markets Committee, set up by the central bank in May last year and chaired by assistant governor Adnan Zaylani Mohamad Zahid (pic), briefed the media on the latest moves to develop the onshore financial market.
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