According to the Malaysian Rating Corp Bhd (MARC), the central bank is likely to raise its overnight policy rate (OPR) by 25 basis points (bps) to 2% in the second half of 2022, against the backdrop of a gradually recovering economy.
PETALING JAYA: Bank Negara could wait until the second half of this year before it decides to raise its interest rate, which is currently at a record low of 1.75%.
According to the Malaysian Rating Corp Bhd (MARC), the central bank is likely to raise its overnight policy rate (OPR) by 25 basis points (bps) to 2% in the second half of 2022, against the backdrop of a gradually recovering economy.
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