Malaysia cuts key rate as global central banks act amid virus

Tue, Mar 03, 2020 - 3:49 PM

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.

PHOTO: BLOOMBERG

[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...

To continue reading

for full content

if you are a subscriber

Get our introductory offer at only

$0 .99*/month

Cancel anytime

*$0.99/month for first 3 months

$29.90/month for the next 9 months

Need help?

CALL +65 6388 3838 EMAIL btocs@sph.com.sg

OPERATING HOURS (+8 GMT) MON-FRI: 8:30AM-5:30PM

Register to read this article. Log in if you are already a subscriber. Register to read this article. Log in if you are already a subscriber. Please log in or subscribe to continue reading.