External debt ‘manageable’, says Bank Negara | The Malaysian Insight

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External debt ‘manageable’, says Bank Negara

Bank Negara governor Nor Shamsiah Mohd Yunus says a flexible exchange rate policy will continue to allow the economy to withstand external shocks. – The Malaysian Insight file pic, August 16, 2019.

MALAYSIA’S external debt, which stands at RM931.1 billion, or 61.3% of gross domestic product , as of end-June, remains manageable. Bank Negara Malaysia governor Nor Shamsiah Mohd Yunus said the debt remained manageable given its currency and maturity profiles and the presence of large external assets.

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