Malaysia's central bank governor offered to resign: Bloomberg
- Malaysia's central bank governor, Muhammad Ibrahim, has offered to resign from his position two years into his five-year term, Bloomberg reports, citing people familiar with the matter.
- The government's response to the resignation offer hasn't been disclosed. Bloomberg says spokespeople from the central bank and Malaysia Finance Ministry declined to comment.
- The resignation offer comes after Prime Minister's unexpected election victory last month; new Finance Minister Lim Guan Eng has raised questions about the central bank's purchase of land from the previous administration.
- Ibrahim's predecessor stepped down in May 2016 after 16 years.
- Previously: Malaysia turned to its central bank to pay $500M of 1MDB debt: WSJ (May 23)
- ETFs: EWM