Malaysia central bank raises interest rate to 2.25%, second hike this year to support economic growth - CNA

KUALA LUMPUR: Malaysia’s central bank has raised rates by 25 basis points to 2.25 per cent on Wednesday (July 6), the second interest rate hike this year. The ceiling and floor rates of the c

BNM said that economic activity in the country has continued to strengthen in recent months, with exports and retail spending indicators affirm the positive growth momentum, supported by the transiti… [+1065 chars]

full article...