FREE: The ringgit is significantly undervalued, Bank Negara Malaysia governor Zeti Akhtar Aziz said yesterday. Without mentioning 1MDB by name, the governor also said that stress tests conducted by BNM show no systemic risk to the system from the borrowings of any single highly leveraged entity.
Zeti: Ringgit undervalued, no systemic risk from 1MDB
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The ringgit is significantly undervalued, Bank Negara Malaysia (BNM) Governor Zeti Akhtar Aziz said today at a press conference in conjunction with the release of the its 2014 Annual Report. Pressed for a fundamental value of the ringgit and a …
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