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Archive

Simon Turmaine | November 16, 2009

KUALA LUMPUR – Cooperation among Asia’s financial regulators and central banks needs to be strengthened, according to Zeti Akhtar Aziz, governor of the Central Bank of Malaysia. In a speech in October, the governor said that strengthened cooperation is needed to manage the risks that could arise from the otherwise desirable greater financial integration that’s needed in the region. In her remarks, Zeti said the savings rate in most Asian economies is around 30% of gross national product.

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