HSBC expects OPR to touch 3.5% by 1H23


KUALA LUMPUR: HSBC Global Research foresees Bank Negara raising the overnight policy rate (OPR) up to 3.50%, as it continues to tighten the monetary policy.

“We expect another 25 basis points (bps) in the November 2022 meeting, taking the OPR to 2.75% by end-2022.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 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

Asian currencies soar as dollar weakens with yen intervention in focus
OCBC: Upbeat growth, encouraging fundamentals to boost investor confidence in Malaysia
Oil prices rise as harsh winter disrupts US output
Gold storms beyond US$5,000 as global upheaval fans demand frenzy
Matrade leads over 120 Malaysian firms to Gulfood 2026 in Dubai
Malaysian ringgit, stocks hit highest since 2018 on AI, growth
Growth gaining traction amid upbeat outlook
Japan says in close coordination with US on forex as yen intervention risks mount
MTT Shipping and Logistics gets SC approval for Main Market listing
FBM KLCI jumps over 20pts as foreign funds flow into blue chips

Others Also Read