OPR maintained at 1.75%

The central bank added that risks to the growth outlook remain tilted to the downside, due to external and domestic factors.

KUALA LUMPUR: Economists have welcomed the central bank’s move to maintain the overnight policy rate (OPR) at 1.75%, considering the challenges and uncertainties surrounding the Covid-19 pandemic.

Centre for Market Education chief executive officer Carmelo Ferlito said the decision to maintain the OPR was expected.