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We must make financial globalisation safer — BNM Governor

Mimi Sabreena 1:23:00 PM Informasi

KUALA LUMPUR (July 25): Financial globalisation needs to be safer and its benefits distributed more equitably, said Bank Negara Malaysia (BNM) governor Datuk Muhammad Ibrahim.

Financial globalisation is a concept that refers to increasing global linkages created through cross-border financial flows.

During his keynote at the 2017 International Monetary Fund (IMF)-BNM Summer Conference today, Muhammad said the Global Financial Crisis (GFC) and the Asian Financial Crisis demonstrated the risks and damage that could be wrought by financial globalisation.

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