Bank Negara keeps key rate at 3% as expected


PETALING JAYA: Bank Negara has decided to maintain the overnight policy rate (OPR) at 3% amid inflationary pressure and moderate domestic demand growth outlook.

The central bank made the decision at its Monetary Policy Committee (MPC) meeting held yesterday. Economists had expected Bank Negara’s decision on the OPR, which has been maintained at 3% since May 5, 2011.

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Business , opr , 3% , malaysia

   

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