UPDATE 2-Malaysia cuts policy rate to 2%, loosens liquidity to nurse economy through virus
Malaysia’s central bank on
Tuesday slashed its key interest rate to the lowest since 2009,
and left the door open for further cuts in case the
trade-reliant nation’s economy suffers prolonged damage from
the coronavirus pandemic.
Tuesday slashed its key interest rate to the lowest since 2009,
and left the door open for further cuts in case the
trade-reliant nation’s economy suffers prolonged damage from
the coronavirus pandemic.
Posted by Reuters
