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Malaysia cbank says to look at risks for rate decision

Thu Jul 24, 2008 10:56am IST
 
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KUALA LUMPUR, July 24 (Reuters) - Malaysian central bank will consider all risks to the inflationary outlook before making a decision on whether to increase or hold interest rates, central bank chief Zeti Akhtar Aziz said on Thursday.

The central bank will hold a regular monetary policy meeting on Friday. Economists surveyed by Reuters early this week were split on whether the authorities would raise the official rate -- now at 3.50 percent -- on Friday.

The central bank last increased rates in April 2006.

(Reporting by Soo Ai Peng)

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