Response to Bloomberg article entitled `Malaysia reserve buffer seen by Moody´s as among the weakest in Asia`
(WorldNews Asia)

Ref No : 20 Sep 2017Embargo : For immediate release This is with reference to an article published by Bloomberg entitled `Malaysia Reserve Buffer Seen by Moody`s as Among Weakest in Asia` on 18 September 2017. The article presents an unbalanced and simplistic assessment of Malaysia`s international reserves adequacy, by focusing only on a rigid interpretation of two economic indicators. The reporting by Bloomberg reflects a lack of understanding of the Malaysian economy, external position, financial system and its economic policies. This, together with a penchant for misplaced country comparison, without taking into account country specificities, has led...