Malaysia Keeps Key Rate Steady Amid Cooling Inflation, Growth
09/07/2023 14:55
Malaysia kept its benchmark interest rate unchanged yet again on Thursday, as the Southeast Asian country looks to sustain economic growth following months of slowing inflation and exports.
Updated on
Malaysia kept its benchmark interest rate unchanged yet again on Thursday, as the Southeast Asian country looks to sustain economic growth following months of slowing inflation and exports.
Bank Negara Malaysia maintained the Overnight Policy Rate at 3% for a second straight meeting, as forecast by all 21 analysts in a Bloomberg survey. The monetary policy committee has one remaining meeting scheduled for the year.
Up Next
Malaysia Keeps Rate Steady Amid Cooling Inflation, Growth