Malaysia central bank holds policy rate steady as expected

In the wee hours of the morning at 03:00 am today

KUALA LUMPUR, September 7th (Reuters) - Malaysia's main financial institution maintained its standard interest rate as expected on Thursday, as indications of a decelerating economy and decreasing inflation became apparent.

Most economists surveyed by Reuters had predicted that Bank Negara Malaysia would maintain its overnight policy rate at 3.00%. This decision aligns with the stance taken by the majority of other Asian central banks. (Reported by Rozanna Latiff; Edited by Kim Coghill)

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