KUALA LUMPUR, Aug 8 Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 3.0 per cent for the next six to 12 months, given the persistent.
KUALA LUMPUR, March 3 Bank Negara Malaysia (BNM) has maintained the Overnight Policy Rate (OPR) at 1.75 per cent at its second Monetary Policy Committee (MPC) meeting of the year. In a statement today, the central bank said the overall recovery trajectory remain on track despite the recent.
Monday, 08 Mar 2021 12:13 PM MYT
BY SOO WERN JUN
On March 4, BNM retained its Overnight Policy Rate at 1.75 per cent and said it expects economic recovery from the second quarter of 2021 onwards. Picture by Yusof Mat Isa
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KUALA LUMPUR, March 8 Bank Negara Malaysia (BNM) is likely to cut its key policy rate by another 25 basis points (bps) to 1.50 per cent by the end of this year, Fitch Solutions Country Risk and Industry Research said today.
The Fitch Group unit said it expects the central bank to do so as the next step to support Malaysia’s economy after the battering caused by the prolonged third-wave of Covid-19 infections that continue to drive daily cases in the four-digit zone and forced the government to bring back the movement control order (MCO) in January.