Bank Negara seen holding key rate amid extended lockdown


KUALA LUMPUR: Malaysia's central bank is expected to leave its key interest rate unchanged, a Reuters poll showed on Tuesday, amid an extended nationwide lockdown imposed to contain a surge in COVID-19 infections.

Twelve of 13 economists surveyed by Reuters saw Bank Negara Malaysia (BNM) keeping its overnight policy rate steady at 1.75% on Thursday. The central bank had cut its benchmark rate by 125 basis points last year.

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Bank Negara , OPR

   

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