Malaysia’s central bank is expected to raise the interest rate by 25 basis points on Thursday, a Reuters poll showed, which will be the country’s third consecutive increase amid rising global inflation.
The survey’s findings, which involved 20 analysts, suggest a 25 basis point hike to 2.50 percent by the Malaysian Central Bank (BNM) on Wednesday, followed by another 25 basis point hike to 2.75 percent in November.
