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Anwar confident new BNM governor will continue sustainable monetary policy

The prime minister also places his faith in Shaik Abdul Rasheed Abdul Ghaffour to face the current challenges and create a new thrust for the country.

Bernama
1 minute read
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A man walks past the entrance of Bank Negara Malaysia in Kuala Lumpur, July 31, 2019. Photo: Reuters
A man walks past the entrance of Bank Negara Malaysia in Kuala Lumpur, July 31, 2019. Photo: Reuters

Prime Minister Anwar Ibrahim is confident that newly-appointed Bank Negara Malaysia (BNM) governor Shaik Abdul Rasheed Abdul Ghaffour is capable of continuing a sustainable and stable monetary policy.

The prime minister has also placed his full faith in Shaik Abdul Rasheed to face the current challenges and create a new thrust for the country.

Shaik Abdul Rasheed will assume the position of the governor from Nor Shamsiah Mohd Yunus, who completes her five-year term on June 30.

"Today, I met the new Bank Negara governor Shaik Abdul Rasheed Abdul Ghaffour.

"I expressed my highest level of confidence in him to continue a sustainable and stable monetary policy and that it will be improved so that the country's financial position will become better, stronger and more stable," he posted on Facebook today.

Anwar also thanked Nor Shamsiah for her service in guiding BNM, especially when the country was going through difficult and bitter moments during the (Covid-19) pandemic.