Bank Negara likely to keep OPR at 3% on dovish outlook

- Samsul Said/Bloomberg

KUALA LUMPUR: Bank Negara is expected to adopt a dovish stance at its upcoming Monetary Policy Committee (MPC) meeting this Thursday, says Maybank Investment Bank Bhd (Maybank IB).

It said such a stance would indicate the central bank’s willingness to ease policy if necessary, while maintaining the overnight policy rate (OPR) at 3%, should data show the economy remains resilient.