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Malaysia's central bank raises key rate for first time in 3½ years

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Published Thu, Jan 25, 2018 · 09:50 PM

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Kuala Lumpur

MALAYSIA'S central bank on Thursday became the first in South-east Asia to raise a key interest rate in years, moving to tap the brakes and "normalise" policy well before national elections and at a time of robust growth.

But economists strongly doubt the hike will be followed by another anytime soon.

MalaysiaInterest ratescentral bank

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