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Malaysia Holds Key Interest Rate Steady as Prices Remain Muted and Ringgit Gains

Malaysia Holds Key Interest Rate Steady as Prices Remain Muted and Ringgit Gains
9 months ago

Malaysia's central bank has decided to maintain the key interest rate at 3%. This decision comes amid stable prices in the country and the strengthening of the national currency, the ringgit, against major global currencies. Inflation in the country is under control, allowing regulators not to implement changes in monetary policy.

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