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Central Bank of Malaysia

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 1992

    Bank Negara foreign-exchange trading losses

    BNM's aggressive foreign-exchange strategy in the late 1980s and early 1990s, including sterling trading around Black Wednesday, reportedly produced losses of several billion US dollars. The episode damaged the bank's finances and reputation and was followed by a government-supported rescue in 1994.