Malaysia's central bank is expected to hold its key interest rate
steady on Wednesday, a decision that comes as markets wait to see who
will succeed the respected, long-serving governor.
All 11 economists in a Reuters poll expect Bank Negara Malaysia (BNM) to maintain the overnight policy rate at 3.25%, where it has stayed since July 2014.
They note that Malaysia had better-than-expected growth in the last quarter of 2015, and see no need to change the key rate at this point.
Wednesday's meeting will be the last for Governor Zeti Akhtar Aziz, who retires on April 30 after 16 years at the helm.
All 11 economists in a Reuters poll expect Bank Negara Malaysia (BNM) to maintain the overnight policy rate at 3.25%, where it has stayed since July 2014.
They note that Malaysia had better-than-expected growth in the last quarter of 2015, and see no need to change the key rate at this point.
Wednesday's meeting will be the last for Governor Zeti Akhtar Aziz, who retires on April 30 after 16 years at the helm.
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