Central Bank of Malaysia Maintain interest rates as expected at 3%, view stable inflation and stable growth trends.
Central Bank of Malaysia Maintain interest rates as expected at 3% for the 3rd meeting in a row, view inflation as stable and growth trend stable.
On November 2, 2566, The Business Times reported that the Central Bank of Malaysia (BNM) decided to keep its policy interest rate unchanged at its final policy meeting for 2566 on Thursday (November 2), amid stable inflation and a steady growth outlook.
Malaysia's central bank maintained its policy interest rate at 3% for the third consecutive meeting, in line with market expectations that the central bank will maintain interest rates there until at least 3. Southeast Asian economies face a sharp slowdown in growth in 2567 as exports fall due to weaker global demand.
Central Bank of Malaysia It said in a statement that advance growth estimates indicate an improvement in economic activity in the third quarter, but the growth outlook for 3 remains subject to downside risks. This was due to weaker than expected external demand. and a larger and prolonged decline in commodity production.
Reference: businesstimes.com.sg
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