Malaysia’s central bank kept the benchmark interest rate unchanged as expected on Thursday, drawing comfort from resilient economic growth and tame inflation.
The overnight policy rate remains unchanged at 2.75%, Bank Negara Malaysia (BNM) said following its sixth and final monetary policy review for the year. The decision was correctly predicted by all economists in a Bloomberg poll.
The current rate remains appropriate and supportive of the economy amid price stability, the central bank said.
Source: theedgemalaysia