Malaysia slashes rates as exports flag
The majority of analysts had expected a quarter-point cut, but a significant minority forecast a 50-basis-point lowering.
The central bank also cut its reserve requirement from 3.5% to 2%, effective from 1 February.
The central bank's cut came on the back of a further fall in inflation and signs that the recession in the major industrial economies was impacting export earnings.
"The sharper
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