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Malaysia central bank surprises by raising policy rate to 3%

Bank Negara Malaysia (BNM) lifted its overnight policy rate by 25 basis points to 3%. A Reuters poll of 25 economists had largely expected Bank Negara Malaysia to hold its overnight policy rate at 2.75%, with just four forecasting a rate hike.

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​ Bank Negara Malaysia (BNM) lifted its overnight policy rate by 25 basis points to 3%. A Reuters poll of 25 economists had largely expected Bank Negara Malaysia to hold its overnight policy rate at 2.75%, with just four forecasting a rate hike. Bank Negara Malaysia (BNM) lifted its overnight policy rate by 25 basis points to 3%. A Reuters poll of 25 economists had largely expected Bank Negara Malaysia to hold its overnight policy rate at 2.75%, with just four forecasting a rate hike.  Moneycontrol Latest News Read More  

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