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Bank Negara

Bank Negara raises OPR by 25bps to 2.5%

Bank Negara Malaysia (BNM)’s Monetary Policy Committee (MPC) has raised its overnight policy rate (OPR) by 25 basis points (bps) to 2.5% on Thursday (Sept 8), in line with expectations for further normalisation of monetary policy as the country’s economic growth and inflation gain momentum. This is the MPC’s third consecutive 25bps OPR hike this year, in line with 17 economists’ forecast polled...

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