Malaysia’s central bank holds key rate at 2.75% 

[KUALA LUMPUR] Malaysia’s central bank held its benchmark interest rate steady at a review on Thursday (Sep 4), as widely expected by economists, amid soft inflation and resilient economic growth.

Bank Negara Malaysia kept its overnight policy rate at 2.75 per cent, as had been expected by 29 of 32 economists surveyed in a Reuters poll.

At its previous policy review in July, the central bank had cut rates for the first time in five years. REUTERS