Hiking OPR gradually won't cause significant impact - Shahar

BernamaPublished: Aug 9, 2022 7:45 AM | Updated: Aug 9, 2022 7:49 AM

The gradual increase in the overnight policy rate (OPR) will not cause a significant impact, said Deputy Finance Minister 1 Datuk Mohd Shahar Abdullah.

Any decision made by Bank Negara Malaysia (BNM) to adjust the monetary policy in the future would be implemented in a controlled and gradual manner so that it would not affect the country’s economic recovery momentum, he added.

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