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Special Taskforce on Bank Negara Malaysia Forex Losses in 1990s

Ref No : 02/17/04 16 Feb 2017 Embargo : For immediate release    

Bank Negara Malaysia will extend its full cooperation to the special taskforce established by the cabinet to probe into the forex losses incurred, which happened more than 25 years ago.

The Bank has continuously upheld the highest standard of disclosure and transparency in its activities. The Bank has also significantly strengthened its balance sheet, governance and accountability, especially with respect to reserves management.

Under the current challenging and uncertain environment, it is important that we remain focused and not be distracted from our efforts to ensure that the economy and financial system remain stable and resilient to support the country’s economic activities. 

Bank Negara Malaysia
16 Feb 2017

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