PETALING JAYA: Bank Negara Malaysia's move to reduce the Overnight Policy Rate (OPR) by 25 points to 3% could adversely affect the value of ringgit, warns a PAS economic strategist.
PAS Economy, Real Estate and Entrepreneur Development committee deputy chairman Mazli Noor said although the significant cut could ease inflation pressure, the sharp decrease in rate could at the same time affect the value of ringgit.
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