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Bank Negara seen holding key rate amid extended lockdown

This article is 3 years old

Bank Negara Malaysia 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 BNM keeping its overnight policy rate steady at 1.75 percent on Thursday. The central bank had cut its benchmark rate by 125 basis points last year...

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