Bank Negara to continue engaging with index providers


Governor Datuk Nor Shamsiah Mohd Yunus said the central bank had been working on addressing any concerns of FTSE Russell such as giving greater flexibility to offshore investors to hedge positions onshore and that foreign exchange transaction volumes were growing while the cost of transactions was going down.

KUALA LUMPUR: Bank Negara Malaysia will continue to engage with index providers and investors to see what other measures it can put in place to create greater efficiency in the market.

Governor Datuk Nor Shamsiah Mohd Yunus said the central bank had been working on addressing any concerns of FTSE Russell such as giving greater flexibility to offshore investors to hedge positions onshore and that foreign exchange transaction volumes were growing while the cost of transactions was going down.

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