Malaysia's central bank cut its key interest rate by 50 basis points to 2 percent on Tuesday, its lowest since 2009, to help the Southeast Asian economy weather the impact of the coronavirus pandemic and a collapse in prices for its energy exports.
Bank Negara Malaysia cut its overnight policy rate a day after the government eased six-week-long curbs on movement and businesses.
Source: Loan Digest (loandigest.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BNM to announce biggest rate cut in decadeIt will be the third reduction in a row. FMTNews Covid19 MalaysianEconomy Hope not another bullshit ! ...the end of the line for central banksters! Thank you virus 🦠‼️
Source: fmtoday - 🏆 5. / 72 Read more »
BNM to announce biggest rate cut in decadeIt will be the third reduction in a row. FMTNews Covid19 MalaysianEconomy Hope not another bullshit ! ...the end of the line for central banksters! Thank you virus 🦠‼️
Source: fmtoday - 🏆 5. / 72 Read more »
Bank Negara cuts OPR rate to lowest in 10 yearsThe central bank slashed the overnight policy rate to 2% from 2.5% FMTNews BankNegara OPR
Source: fmtoday - 🏆 5. / 72 Read more »
Syarikat belum sedia laksana pelan antirasuahKualalumpur Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) sedang meneliti cadangan penangguhan pelaksanaan Seksyen 17A Akta SPRM 2009 yang sepatutnya dilaksanakan 1 Jun ini.
Source: hmetromy - 🏆 26. / 51 Read more »
Mainland Chinese buyers disappear from Hong Kong real estateFor the first time since 2009, first quarter transactions did not involve a buyer from the mainland. FMTNews Chinese HongKong
Source: fmtoday - 🏆 5. / 72 Read more »
Bank Negara expected to slash OPR to 2 pct - reportCORONAVIRUS | The will bring the OPR to its lowest level since 2010 to help cushion the economy in the wake of the coronavirus pandemic.
Source: malaysiakini - 🏆 20. / 51 Read more »