Bank Negara Malaysia (BNM) cut its key overnight policy rate
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Wednesday, February 25, 2009
Breaking News-RTRS-UPDATE 2-Malaysia cuts key rate again as recession looms
KUALA LUMPUR, Feb 24 (Reuters) - Malaysia cut its key interest rate on Tuesday for a third straight meeting and pledged more measures to ensure access to credit and to ward off recession risks plaguing the export-dependent country.
Bank Negara Malaysia (BNM) cut its key overnight policy rate by 50 basis points to 2.00 percent.
Bank Negara Malaysia (BNM) cut its key overnight policy rate