Bank Negara hikes OPR to 2.5%


PETALING JAYA: Bank Negara has raised its benchmark interest rate for the third time by 25 basis points (bps), but this is unlikely to be the last round of hike, according to economists.

Malaysia’s headline inflation rose for four consecutive months to 4.4% in July, with the food inflation hitting the record high of 6.9%.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Oppstar Technology, Alphaswift Industries gain access to Arm Technology
Ringgit opens higher against major currencies, eases vs US$
FBM KLCI little changed as traders stay defensive
Japan's core inflation accelerates in July, bolsters case for rate hike
Trading ideas: Dnex, YTL Power, Mah Sing, IJM, Hua Yang, TXCD, TM, Kossan, Genting, MPI, Kelington, YTL
YTL Corp’s revenue rises
Dialog net profit doubles
Zetrix AI launches RideNow motorcycle marketplace
TSH earnings recovery hinges on CPO price upside
Perak Transit targets 10% to 15% cost savings through digitalisation, AI

Others Also Read