No change expected for OPR


PETALING JAYA: Expectations are high that Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) will remain at 2.75%, a level which economists believe would keep the ringgit within the “range-bound” levels observed over the past several months.

Since May, the ringgit has largely lingered around the RM4.20 level against the US dollar.

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