Reported 19 days ago
Malaysia has decided to keep its benchmark interest rate steady at 3%, a move anticipated by economists due to stable growth and inflation forecasts. The central bank, Bank Negara Malaysia, supports this decision as economic indicators suggest sustained strength driven by domestic spending and exports. While there are potential risks from global volatility and policy changes, inflation remains manageable, leading BNM to likely maintain current rates into 2025.
Source: YAHOO