KUALA LUMPUR: Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has determined to keep up the Overnight Policy Rate (OPR) at 3.00 per cent at its assembly at this time.
The central financial institution mentioned the worldwide financial system continues to increase amid resilient labour markets in some international locations and continued restoration in international commerce.
“Looking forward, international progress is anticipated to be sustained, as headwinds from tight financial coverage and lowered fiscal assist might be cushioned by optimistic labour market circumstances and moderating inflation,” it mentioned in a press release at this time.
BNM mentioned international commerce is anticipated to strengthen additional as the worldwide tech upcycle positive factors momentum.
