According to UBS, Bank Negara is likely to cut its overnight policy rate by 25 basis points in 2015, with lower oil prices cushioning the pressure on inflation.
PETALING JAYA: Twelve suspects including eight foreign nationals were arrested and more than RM18mil in cash and assets were seized in joint anti-money laundering raids by the authorities.
Bank Negara said 14 premises, including three premises operated by licensed money services business operators, in Kuala Lumpur and Selangor were raided recently.
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