KUALA LUMPUR: Bank Negara Malaysia in a surprised move has raised the overnight policy rate (OPR) by 25 basis points (bps) to 3%, the first hike since November 2022.
The central bank raised the benchmark lending rate by 100bps last year.
Wednesday, 03 May 2023
KUALA LUMPUR: Bank Negara Malaysia in a surprised move has raised the overnight policy rate (OPR) by 25 basis points (bps) to 3%, the first hike since November 2022.
The central bank raised the benchmark lending rate by 100bps last year.