BNM keeps OPR at three per cent
The monetary policy stance remains supportive of the economy.
KUALA LUMPUR - Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent during its first meeting of the year today, marking the fourth consecutive meeting that the MPC has opted to hold the key rate.
The central bank said in a statement today that at the current OPR level, the monetary policy stance remains supportive of the economy and is consistent with the current assessment of the inflation and growth prospects.
"The MPC remains vigilant on ongoing developments to inform the assessment on the outlook of domestic inflation and growth, and will ensure that the monetary policy stance remains conducive to sustainable economic growth amid price stability," it said. - BERNAMA
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