BNM has left its base rate unchanged: Octa broker analyses the decision
by Media OutReach Newswire
Sep 12, 2024 10:33 pm
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 13 September 2024 - The Malaysian economy is growing faster than expected, and the local currency has appreciated quite noticeably. However, the central bank has maintained the interest rate at 3.00%, in accordance with the economists' expectations. Still, Octa analysts expect that the BNM may soon lower the rates.