Special address - 31st CGC Awards
What changed vs prior statement
- 01No material change in policy stance vs prior statement.
- 02Language essentially preserved across key themes of governance and financial innovation.
- 03Vote split: No vote-record change.
From the original
Special address by Mr Abdul Rasheed Ghaffour, Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the 31st CGC Awards, Kuala Lumpur, 11 August 2026.
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Abdul Rasheed Ghaffour: Defining moments - shaping the future story
The desk anticipates a bullish outlook for the Malaysian Ringgit (MYR) as Governor Abdul Rasheed Ghaffour emphasizes the importance of defining moments in shaping future monetary policy. Per the full note [source], Ghaffour's speech at MO·MENTS 2026 highlighted the central bank's commitment to fostering economic resilience and stability, which is likely to support the MYR in the near term. The desk notes that the central bank's proactive stance could lead to increased foreign investments, bolstering the currency. With current positioning favoring the MYR, the consensus target reflects a range that supports this outlook.