Bank Negara seen keeping overnight policy rate at 3%

Lee: ‘We now expect Bank Negara to cut rates only in the late first quarter of 2017, versus our previous expectation of a 25-basis-point cut at the November meeting.’

Standard Chartered Research joins other research houses in forecast

PETALING JAYA: Standard Chartered Research is the latest among research houses to say that Bank Negara is likely to keep the benchmark overnight policy rate (OPR) unchanged at 3% when the central bank’s monetary policy committee meets next week.