You are here

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.

Malaysia

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom