Economics
Malaysia May Hold Key Rate as Economy Recovers: Decision Guide
- Twelve out of 21 analysts see Bank Negara staying pat at 1.75%
- Malaysia’s economy showing improvement as restrictions eased
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Malaysia is narrowly expected to keep its benchmark interest rate unchanged for the first time this year, as the reopened economy shows signs of recovery.
Bank Negara Malaysia will maintain its overnight policy interest rate at a record-low 1.75% at its meeting Thursday, according to 12 of 21 economists surveyed by Bloomberg. The other nine expect a 25 basis-point cut.