Thursday, April 30, 2009

Breaking News-RTRS-Malaysia rates unchanged, easing may be over

KUALA LUMPUR, April 29 (Reuters) - Malaysia's central bank kept its key rate unchanged on Wednesday, against expectations of a Reuters poll, in a move that analysts said signalled it may pause after cuts totalling 150 basis points.
The overnight policy rate was kept steady at 2 percent after a 50 basis point cut in February, the last rate setting meeting, contrary to analyst forecasts of a 25 basis point cut according to a Reuters poll.