Bank Negara maintains OPR at 3pct

BernamaPublished: Jul 6, 2023 8:02 AM | Updated: Jul 6, 2023 8:35 AM

Bank Negara Malaysia (BNM) decided to maintain the overnight policy rate at three percent amid global economic challenges.

In its Monetary Policy Committee (MPC) meeting today, BNM said despite expansion of the global economy driven by strengthening domestic demand and strong labour market conditions, global growth was still affected by persistent core inflation and higher interest rates...

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