Malaysia central bank surprises by holding key rate at 2.75%

KUALA LUMPURĀ  – Malaysia’s central bank on Thursday unexpectedly kept its benchmark interest rate unchanged at 2.75-percent, saying it was assessing the impact of four consecutive rate hikes last year. “Today’s decision allows the monetary policy committee to assess the impact of the cumulative past overnight policy rate (OPR) adjustments, given the lag effects of … Continue reading Malaysia central bank surprises by holding key rate at 2.75%