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Malaysia Central Bank Keeps Rate Unchanged

Por: RTTNews Business July 06, 2023

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Malaysia's central bank left its benchmark rate unchanged on Thursday after lifting it by a half-percentage point in May.The Monetary Policy Committee of Bank Negara Malaysia headed by newly appointed Datuk Abdul Rasheed Ghaffour decided to hold the Overnight Policy Rate at 3.00 percent. At the previous rate-setting in May, the BNM had lifted the interest rate by 50 basis points. At the current level, the MPC said the monetary policy stance... + full article



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