Bank Negara maintains OPR at 3%


FRIDAY, JULY 7 KUALA LUMPUR- Release of May 2017 External Trade Statistics at 1200 (0400 GMT) KUALA LUMPUR- Release of Bank Negara's foreign reserves as at 30 June 2017 at 1500 (0700 GMT)

KUALA LUMPUR: Bank Negara’s Monetary Policty Committee (MPC) has maintained the Overnight Policy Rate (OPR) at 3% as the current stance of monetary policy is accommodative and supportive of economic activity.

The central bank’s call to retain the OPR was made during its meeting yesterday based on several ongoing positive factors in the local and global fronts.

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