Maintaining OPR at 2.75% provides better predictability


Bank Muamalat Malaysia chief economist Mohd Afzanizam Abdul Rashid.

KUALA LUMPUR: Maintaining the overnight policy rate (OPR) at 2.75% provides better predictability in borrowing costs, allowing Malaysians to plan capital expenditures and asset purchases with confidence, says an economist.

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) is expected to maintain the OPR at 2.75% today.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Gold drops 1% as markets assess Mideast ceasefire prospects
Margma urges relief measures amid NBR shortage due to Hormuz blockade
Berjaya Sompo appoints Soo Wai Har as CEO
Golden Destinations eyes RM90mil from ACE market IPO, to allocate RM50mil for new HQ
Philippine central bank holds rate at 4.25% as inflation risks rise
CIMB named best retail, SME bank in Malaysia by The Asian Banker
Stocks slide, oil gains with Mideast ceasefire prospects centre stage
Fresh growth opportunities open for MNCs
George Kent redeems RM132mil sukuk
Aemulus wins RM10.5mil order, marks debut in India

Others Also Read