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Bank Negara's delicate balancing act

Friday, February 7, 2014 - 06:00

MALAYSIA'S central bank, Bank Negara, has a tricky balancing act on its hands. It has now maintained its overnight policy rate at 3 per cent for over 10 straight quarters, sticking to its accommodative stance to keep the country's growth engine ticking. Among other reasons, the cheap credit has

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