Zeti: I’ll cooperate in forex losses probe if called

Bank Negara Malaysia had always been held in high esteem by the international banking community, but this esteem had been lost as a result of Bank Negara’s colossal forex losses in 1992, I understand that at the recent International Monetary Fund meeting, the Bank Negara officials were treated like pariahs by the other central bankers. Finally, the Prime Minister [Mahathir] spoke. And what a revelation it was after Bank Negara’s confused jargon or the Finance Minister’s cavalier excuse about how complex the whole matter was. There is now much less fog about Bank Negara’s involvement in the foreign exchange (forex) market and the nature of its RM9.3 billion loss in 1992. Welcome to the Central Bank of Malaysia official portal. As Malaysia's Central Bank, Bank Negara Malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the Malaysian economy | Sebagai Bank Pusat bagi Malaysia, Bank Negara Malaysia berusaha mewujudkan kestabilan monetari dan kewangan yang kondusif bagi pertumbuhan ekonomi Malaysia yang mampan Maybank lost four sen to RM8.51, wiping out 0.79 of a point, HLFG 18 sen to RM16.88, RHB Bank four sen to RM5.48, AmBank three sen to RM3.91, Public Bank unchanged at RM20.80 but Hong Leong Bank

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