Bank Negara, the central bank, is likely to take similar, though - TopicsExpress

Bank Negara, the central bank, is likely to take similar, though less drastic, action by raising interest rates on July 10 for the first time in more than three years, to curb strong domestic demand that has ratcheted up debt levels and inflation. The rumbles are getting really strong. Looks like the BNM will probably raise the interest rate on the 10th of July. What can we do but tighten our belts some more...?

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