Bank Negara reserves the right, authority to determine OPR without government intervention: PM


KUALA LUMPUR: Bank Negara Malaysia (BNM) reserved the right and authority in making decisions such as the overnight policy rate (OPR) to ensure the stability of the country’s economy without the intervention from the government.

Prime Minister Datuk Seri Anwar Ibrahim said the right and authority that have an impact on the national economy have been given specialisation respectively as stipulated in Malaysian regulations and laws.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 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

Stocks dip and oil climbs as Trump ramps up Iran threats
Ringgit opens higher vs US$ amid geopolitical tensions
FBM KLCI lift slightly amid higher crude oil prices
Trading ideas: Nestle, MISC, IHH, Atlan, FBG, Bina Puri, Jentayu, Cape EMS
Hap Seng Plantations 4Q earnings likely to be strong
UK budget ‘headroom’ a harmful obsession
Bursa Malaysia extends gains to close higher
Inflation expected to remain manageable
Atlan subsidiary ceases duty-free business�in JB
Sarawak Plantation eyes steady recovery

Others Also Read