a view of a building site beneath the petronas towers in kuala lumpur malaysia february 18 2016 reutersolivia harris kuala lumpur aug 12 reuters  malaysias economy grew at its fastest annual pace in a year in the second quarter boosted by expansion in domestic demand and resilient exports gross domestic product gdp in apriljune surged 89 from a year earlier the central bank said this was faster than the 67 growth forecast in a reuters poll and up from the 5 annual rise in the previous quarter read more it was also quicker than any annual rate seen since the second quarter of 2021 when gdp was up 161 from a low yearearlier base seasonally adjusted gdp for apriljune was up 35 on the previous three months when quarterly growth was 38 malaysias economy has been on a strong recovery path since the country reopened its borders in april fullyear growth for 2022 would be at the upper end of the previously forecast range of 53 to 63 said the central bank bank negara malaysia bnm gradual adjustments in the overnight policy rate would be necessary to avoid stronger measures in the future bnm said adding that any moves would be done in a measured and gradual manner the central bank lifted its benchmark interest rate for the second straight meeting in july reporting by mei mei chu and rozanna latiff writing by bradley perrett editing by shri navaratnam