KUALA LUMPUR -- Malaysia's central bank kept its key interest rate unchanged on Wednesday, defying the expectations of some economists who had predicted an effort to ease pressure from soaring COVID-19 infections and a renewed lockdown.
Some economists expected a cut to ease economic pressure as infections surge
A soldier wearing a face mask enforces coronavirus restrictions in Kuala Lumpur on Jan. 13. © Reuters
KUALA LUMPUR -- Malaysia's central bank kept its key interest rate unchanged on Wednesday, defying the expectations of some economists who had predicted an effort to ease pressure from soaring COVID-19 infections and a renewed lockdown.