Current interest rate accomodative for banking sector, says Nazir

KUALA LUMPUR: Malaysia's current interest rate at 3.25 per cent, which was raised by Bank Negara Malaysia in July 2014, is accommodative for the Malaysian banking sector.

"I'm a big fan of how Bank Negara has been managing the monetary policy for sure, and I think it always stay ahead of the curve...so I have no issues with the pace, which is moving up and down," he told reporters on the sidelines of Invest Malaysia 2015 Institutional Investor conference here today.