Malaysia Cuts Key Rate by Most Since 2009 as Economy Reopens
The Bank Negara Malaysia headquarters in Kuala Lumpur. (Photographer: Nadirah Zakariya/Bloomberg)

Malaysia Cuts Key Rate by Most Since 2009 as Economy Reopens

(Bloomberg) -- Malaysia cut its benchmark interest rate by 50 basis points, the most since early 2009, as it seeks to bolster its newly reopening economy amid the coronavirus pandemic.
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