The Base Lending Rate has finalized remain at 6.30% (OPR 2.75%), Bank Negara Malaysia (BNM) left borrowing cost unchanged yesterday as expected but warned it have to manage the rising amount building up in the domestic financial system.
The central bank said the level is consistent with its assessment of economic growth and inflation prospects. It was a market-anticipated move, which is expecting hiking cycle to start in its next March 11 meeting.
Source: Business Time
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