Malaysia’s external debt remains manageable

Malaysia’s external debt, which stood at RM931.1 billion or 61.3% of Gross Domestic Product as at end-June this year, remains manageable.

“The remaining external debt of RM636.1 billion was denominated in foreign currency whereby the corporate sector accounted for slightly more than half of it and are largely subject to prudential and hedging requirements,” she said in a press conference when announcing the second quarter GDP data here today.

Meanwhile, she said Malaysia’s flexible exchange rate policy would continue to allow the economy to withstand external shocks.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia’s external debt remains manageable | Malay MailKUALA LUMPUR, Aug 16 — Malaysia’s external debt, which stood at RM931.1 billion or 61.3 per cent of Gross Domestic Product (GDP) as at end-June this year, remains manageable. Bank Negara Malaysia governor Datuk Nor Shamsiah Mohd Yunus said the debt remained manageable given its...
Source: malaymail - 🏆 1. / 86 Read more »

External debt ‘manageable’, says Bank Negara | The Malaysian InsightHigher debt mainly reflective of drawdown on interbank borrowings and inter-company loans, says central bank governor.
Source: msianinsight - 🏆 8. / 63 Read more »