All eyes on Bank Negara meeting on Wednesday

Sharp decline: The market is expecting the central bank to hold its benchmark OPR to shore up the local currency. – Reuters

PETALING JAYA: There is little change in the ringgit, which is near its lowest level in more than a year, ahead of Bank Negara’s scheduled interest rate meeting tomorrow.

The market is expecting the central bank to hold its benchmark overnight policy rate (OPR) to shore up the local currency.