All eyes on interest rate, analysts expect status quo

According to economists and analysts, the appointment of Muhammad(pic) is a positive development as it helps alleviate a lot of market uncertainties about Malaysia

PETALING JAYA: All eyes are on Bank Negara, as speculation mounts on the possibility of the central bank lowering interest rates today.

Against a backdrop of a low interest rate environment and slowing growth, some bankers had alluded last month that Bank Negara could use this opportunity to cut the overnight policy rate (OPR) for the first time in seven years.