Malaysia Federal Territory Day

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Category:  Holidays
Units:  Points
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Malaysia
Currency: MYR
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Date: Feb 01, 2025
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Malaysia Central Bank Cuts Policy Rate For First Time Since 2020 Malaysia Central Bank Cuts Policy Rate For First Time Since 2020

Malaysia Central Bank Cuts Policy Rate For First Time Since 2020

Malaysia's central bank lowered its key interest rate for the first time in five years on Wednesday to underpin economic growth amid the ongoing trade tariff uncertainty. The Monetary Policy Committee of Bank Negara Malaysia decided to reduce the Overnight Policy Rate by 25 basis points to 2.75 percent. The ceiling and floor rates of the corridor of the OPR were correspondingly reduced.

RTTNews | 4h 41min ago

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