Malaysia holds key rate steady, flags risks from Middle East crisis

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KUALA LUMPUR, May 7 : Malaysia's central bank on Thursday held its benchmark interest rate steady, warning of risks to domestic growth and inflation from the prolonged conflict in the Middle East. Bank Negara Malaysia maintained its overnight policy rate at 2.75 per cent for the fifth straight policy meeting, as predicted by all 28 economists polled by Reuters. It last cut rates in July 2025.  BNM said its current monetary policy stance was considered to be "appropriate and consistent with the

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