Tag: bank negara malaysia borrowing costs
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Borrowing costs remain at 3.25%
Today (28th Jan 2015), Bank Negara Malaysia has announced that it will maintain the borrowing costs at 3.25%; unchanged. This was widely expected even though an adjustment upwards would have lent some support to the weakened Ringgit. It said that the current monetary policy i accommodative and appropriate given the current financial and monetary conditions.…