BNM governor: trade uncertainty creates obstacles to growth

Central bank cannot be complacent amid “unpredictable” external environment, says Rasheed

Abdul Rasheed Ghaffour
Abdul Rasheed Ghaffour
Bank Negara Malaysia

Uncertainties in global trade policies pose a significant risk to growth in South-east Asia and the region’s policy-makers must stay alert to changing external environments, the governor of Bank Negara Malaysia (BNM) has said.

Writing in the foreword of the BNM’s annual economic and monetary review, published today (March 24), Abdul Rasheed Ghaffour said the bank anticipated “an increasingly challenging external environment” in 2025.

“Heightened uncertainties surrounding the resurgence of

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