The reduction in the OPR surprised economists who expected the MPC to retain the OPR at 3%.
KUALA LUMPUR: Bank Negara Malaysia's Monetary Policy Committee (MPC) reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75% -- the lowest since 2011.
The reduction in the OPR surprised economists who expected the MPC to retain the OPR at 3%.
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
