KUALA LUMPUR: Bank Negara Malaysia maintained the overnight policy rate (OPR) of 1.75% at its monetary policy committee (MPC) meeting on Thursday as latest indicators point to improvements in external demand and continued consumer spending.
In its statement on Thursday, Bank Negara said while the re-imposition of containment measures would affect growth in the first quarter this year, the impact is expected to be less severe than that experienced in the second quarter of 2020.
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