1 Breaking News found.
  • Malaysia Surprises With Rate Hike as Financial Risks Flagged
    by News Worthy
    May 03, 2023
    Finance

    Malaysia unexpectedly raised its benchmark interest rate by a quarter point on Wednesday, as it sought to preemptively ward of any risk of future financial imbalance amid lingering price pressures. Bank Negara Malaysia hiked the overnight policy rate to 3%, a move predicted by just three out of 19 e...

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