Effect on interest rate on economic growth in Malaysia / Suhana Mohd Noor

The purpose of this study is to investigate the relationship between interest rates and economic development in Malaysia. The data used in this study was acquired and analysed from World Bank statistics spanning the years 1990 to 2019. The goal of the study is to determine the relationship between Malaysia's interest rate and gross domestic product, inflation rate, exchange rate, foreign direct investment. and unemployment rate. The E-view software was used to conduct the research, which included descriptive analysis, correlation analysis, and regression analysis. According to the findings of the study, interest rates have a considerable impact on gross domestic product, inflation. the exchange rate, and foreign direct investment, while having a negligible impact on the unemployed rate.