CGS-CIMB Research expects OPR to be cut by 25bps on March 3

CGS-CIMB Equities Research expects Bank Negara Malaysia’s monetary policy committee to ease monetary conditions to support economic growth, with a 25bp Overnight Policy Rate (OPR) cut on March 3.

KUALA LUMPUR: CGS-CIMB Equities Research expects Bank Negara Malaysia’s monetary policy committee to ease monetary conditions to support economic growth, with a 25bp Overnight Policy Rate (OPR) cut on March 3.

It said on Friday the economic outlook has been significantly affected by the Covid-19, supply-side shocks and renewed domestic political uncertainty.