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Malaysia cuts key rate as global central banks act amid virus

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Malaysia cut its benchmark interest rate on Tuesday, following other central banks in boosting stimulus to counter the impact of the coronavirus on economic growth.

[SINGAPORE] Malaysia cut its benchmark interest rate on Tuesday, following other central banks in boosting stimulus to counter the impact of the coronavirus on economic growth.

Bank Negara Malaysia reduced the overnight policy rate for a second time this year, lowering it by 25 basis...

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