End of OPR hike?


The MPC said that it continues to see limited risks of future financial imbalances.

PETALING JAYA: Has the new governor of Bank Negara brought the central bank’s monetary tightening to an end, amid public pressure and slower growth concerns?

About two weeks after central banks in Indonesia and the Philippines kept borrowing costs unchanged, Bank Negara has also retained its overnight policy rate (OPR) at 3% as expected, bringing much relief to borrowers.

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