Malaysia keeps rates at 3.5%

Bank Negara Malaysia's rate-setting monetary policy committee voted to hold its benchmark overnight policy rate at 3.5% on Monday in spite of concern over inflation.

The central bank blamed global price pressures for the recent rise in inflation and said risks remained on the upside. But a global slowdown would keep price rises low, making a rate hike unnecessary.

"Economic indicators in the large industrial countries are increasingly indicating heightened downside risks to the prospects for

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: