RAM expects Bank Negara to maintain OPR


The OPR was lowered by a total of 125 basis points in the first seven months of 2020 to a record low of 1.75%, where it has remained since.

KUALA LUMPUR: RAM expects Bank Negara Malaysia to hold the Overnight Policy Rate (OPR) at 1.75% at its next policy meeting on Thursday.

In a statement issued on Tuesday, it said strong export demand, the ongoing national vaccination programme and various supportive fiscal as well as monetary policies should keep up the pace of economic recovery for now.

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