Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid (pic) said nonetheless, the central bank is also cognisant of potential risks against the outlook particularly in light of the varying degrees of economic recovery, globally.
KUALA LUMPUR: Bank Negara’s decision to maintain the overnight policy rate (OPR) at 1.75% at its second Monetary Policy Committee (MPC) meeting yesterday suggests that the central bank is confident of economic recovery this year on the back of improving global demand and consumer spending.
Bank Islam Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid (pic) said nonetheless, the central bank is also cognisant of potential risks against the outlook particularly in light of the varying degrees of economic recovery, globally.
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