Bank Negara lowers OPR by 25bps to 2.5%


KUALA LUMPUR: The Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to reduce the Overnight Policy Rate (OPR) by 25 basis points to 2.50%.

It said the ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2.75% and 2.25%, respectively.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bank Negara , OPR , MPC

Next In Business News

118 Mall hosts inaugural retailers' gathering ahead of November opening
Boustead targets to grow revenue to RM30bil in 5 years
Factories set to maintain healthy pace
Cathay Pacific posts best first-half profit since 2010 despite fuel cost surge
Frontken's 2Q net profit jumps to RM47.72mil
Gamuda bags RM1.71bil data centre job in Port Dickson
Bursa's rally gains speed after sluggish start
Shell takes final investment decision on Malikai Phase 3
Oil extends declines as investors await outcome of US-Iran talks
Malaysia should focus on niche, high-value space tech segment, says MYSA

Others Also Read