Borrowers to breathe easy after Bank Negara’s OPR cut


Following Bank Negara

PETALING JAYA: Bank Negara’s decision to cut the overnight policy rate (OPR) will benefit borrowers, especially those who have multiple loans.

The central bank cut the OPR on Wednesday, which is the rate at which banks lend to each other, by 25 basis points (bps) to 3%. This is the first rate cut since 2009.

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