Malaysia says won't impose capital controls

Malaysia does not intend to adopt a similar stance as Thailand by imposing capital controls, Prime Minister Datuk Seri Abdullah Ahmad Badawi said Wednesday 20 December.

He told reporters this was because Malaysia was financially strong after it embarked on measures and a policy of liberalising the financial system to strengthen the ringgit.

"The people should not be unduly worried by the Thai government's decision as our financial position is strong," said the Prime Minister who is on a three-day

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.