Central Banking

Malaysia central bank opens office in Beijing

Beijing

Malaysia's central bank opened its first representative office in Beijing on November 15, a "reflection of the growing importance of China in the global economy and the international financial system", governor Zeti Akhtar Aziz said in a speech marking the event.

The office, which is Bank Negara Malaysia's (BNM) third globally, after London and New York, and first ever in Asia, will serve as a "key point" for the Chinese financial community to engage Malaysia, according to Zeti. The central bank

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