Malaysia has room for tighter monetary policy, says Zafrul

KUALA LUMPUR: Malaysia’s economic growth will provide the central bank with more room to tighten monetary policy as the Federal Reserve (Fed) increases interest rates, says caretaker Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

Gross domestic product (GDP) data to be released this week will show the economy was stronger than expected in the third quarter, he said in an interview on Saturday.