Malaysia keeps rates unchanged on lower inflation pressure

bank-negara-malaysia

The monetary policy committee of Bank Negara Malaysia left interest rates unchanged on lower inflation pressures after its meeting today (March 5).

The overnight policy rate remains at 3.25%. “At the current level of the OPR, the degree of monetary accommodativeness is consistent with the intended policy stance,” says the policy statement.

Lower oil prices have been a key factor affecting price evolution in the South-east Asian economy over the last few months. “Headline inflation in January

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