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Bank Negara holds policy rate steady

Malaysia's central bank sees periods of volatility in regional financial and foreign exchange markets due to global uncertainties
Thursday, November 24, 2016 - 05:50

Kuala Lumpur

MALAYSIA'S central bank kept its policy rate at 3 per cent on Wednesday as expected, saying it foresaw more volatility in financial markets, with the ringgit losing 5 per cent against the dollar in the two weeks since Donald Trump's shock US election victory.


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