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BNM

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BNM to keep interest rates at record low

Bank Negara Malaysia has decided to maintain the Overnight Policy Rate (OPR) at 1.75 per cent, after concluding its Monetary Policy Committee (MPC) meeting today. In a statement today, the MPC considered the stance of monetary policy to be "appropriate and accommodative". It added that fiscal and financial measures would ... Read More
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Bank Negara Malaysia maintains OPR at 1.75%

At its meeting today, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 1.75 percent. The global economic recovery has strengthened further, supported by improvements in manufacturing and services activity. The pace of recovery, however, varies across countries. Economies making better ... Read More
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NRP increase chances for BNM to cut interest rate

The Covid-19 pandemic and tightening restrictions under the National Recovery Plan (NRP) could see an increasing chance for Bank Negara to cut the overnight policy rate (OPR) by 25 basis points at its July 8 meeting. Wellian Wiranto, (pic) economist, global treasury – research and strategy at OCBC Bank, said ... Read More