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Malaysia likely to hold rates for rest of the year

Inflation concerns trail fears of impact of weaker global markets on country's growth

Published Mon, Oct 20, 2014 · 09:50 PM

Kuala Lumpur

AMID signs of easing inflation but increasing turmoil in the global environment, Malaysia's central bank is expected to keep interest rates unchanged for the rest of the year.

With only one monetary policy committee meeting of the central bank remaining in 2014, the key overnight policy rate (OPR) is expected to be kept unchanged at 3.25 per cent when members meet on Nov 6.

The benchmark lending rate was last raised by 25 basis points in July after a three-year pause, and so…

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