Bank Negara expected to tighten monetary policy next year


KUALA LUMPUR: Moody’s Analytics expects Bank Negara to pull the trigger on a rate hike in the second half (H2) of next year, as Malaysia’s economic outlook is looking brighter going into 2022.

On Wednesday, Bank Negara retained the overnight policy rate (OPR) at 1.75% at its final Monetary Policy Committee (MPC) meeting of the year, making the policy rate unchanged since July 2020.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Salcon unit bags RM9.7mil sewerage deal
Brisk sales for Sunway’s Velocity 3
Scientex to deploy large-scale solar PV system
Velesto poised to see stronger earnings in 2024
Minimal impact forecast for breweries from beer price hike
Wage reform concerns
VSTECS shares hit all-time high
Brahmal is major shareholder of MCE Holdings
Car sales expected to moderate this year
Making ESG accessible to all companies

Others Also Read