Bank Negara likely to maintain cautious stance


“We envisage Bank Negara will express its cautious stance while maintaining its assessment of the economy and inflation outlook. It has been in this status quo since July 2020 to support the economy’s fragile recovery,” ARC Rating said in a statement.

KUALA LUMPUR: The central bank is forecast to leave the overnight policy rate (OPR) unchanged at the historical low rate of 1.75% in the Monetary Policy Committee meeting tomorrow, according to MARC Ratings.

“We envisage Bank Negara will express its cautious stance while maintaining its assessment of the economy and inflation outlook. It has been in this status quo since July 2020 to support the economy’s fragile recovery,” the ratings agency said in a statement.

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Malaysia , Bank Negara , policy rate , OPR , analysts

   

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