Malaysia central bank keeps key rate at 3.00% at final policy meeting of year
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KUALA LUMPUR: Malaysia's central bank kept its benchmark interest rate unchanged on Wednesday (Nov 6), in line with market expectations, amid a positive economic growth outlook and steady inflation. At its final policy meeting of 2024, Bank Negara Malaysia (BNM) maintained its overnight policy rate at 3.00 per cent, where it has been since May 2023. Economists polled by Reuters expect the central bank will stand pat on rates until at least 2026. BNM said the latest indicators point towards
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