overnight policy rate

Ringgit rebounds after OPR announcement

At 6pm, the ringgit appreciated to 4.7485/7525 against the greenback from yesterday’s close of 4.7695/7735. 

Economists argue against rate hike due to slow GDP growth

Economists have expressed no surprise over Bank Negara Malaysia’s decision to maintain the overnight policy rate at 3.0%.

[UPDATED] BNM maintains OPR at 3.0%

Bank Negara Malaysia’s Monetary Policy Committee announced a status quo on interest rates after deciding to maintain the overnight policy rate at 3.0%.

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