Bank Negara expected to keep interest rate steady at 3%

  • Business Premium
  • Thursday, 05 Jul 2012

PETALING JAYA: Bank Negara is expected to keep the overnight rate policy (OPR) unchanged at 3% at its monetary policy committee meeting scheduled today as the domestic economy is still resilient enough to face external headwinds from the eurozone.

Bank Islam Research said Bank Negara might possibly choose to keep the OPR unchanged at 3% at this juncture.

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