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Malaysia’s central bank holds key rate at 2.75%, as expected  

by Sarkiya Ranen
in Technology
Malaysia’s central bank holds key rate at 2.75%, as expected  
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[KUALA LUMPUR] Malaysia’s central bank held its benchmark interest rate steady at its final policy review of the year on Thursday (Nov 6), as expected by economists, amid subdued inflation and steady economic growth.

Bank Negara Malaysia kept its overnight policy rate at 2.75 per cent, as had been expected by all 27 economists surveyed in a Reuters poll.

In July, the central bank had cut rates for the first time in five years as trade uncertainties clouded growth prospects. REUTERS



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Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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