Palm | Kelapa Sawit

KUALA LUMPUR, May 13 (Reuters) - Following is the full text of Malaysia's central bank which raised interest rates to 2.5 percent from 2.25 percent on Thursday.
TEXT: At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to raise the Overnight Policy Rate (OPR) by 25 basis points to 2.50 percent. The floor and ceiling rates of the corridor for the OPR are correspondingly raised to 2.25 percent and 2.75 percent respectively.