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The monetary policy committee of bank negara malaysia bnm has kept the overnight policy rate opr unchanged at 1 75 reported the sun daily.
Bank negara malaysia opr rate. The monetary policy committee mpc of bank negara malaysia bnm has decided to maintain the overnight policy rate opr at 1 75. Bank negara malaysia bnm has decided to maintain the overnight policy rate opr at 1 75 today as the country s economic activity is projected to improve further and as the central bank expects the nation s underlying inflation to remain subdued as the world economy contends with the resurgence in covid 19 cases. 1300 88 5465 bnmtelelink 603 2698 8044 general line bnmtelelink bnm gov my. Kuala lumpur july 7 bank negara malaysia bnm today reduced the overnight policy rate opr by another 25 basis points to 1 75 per cent a record low since the floor was set in 2004.
Jalan dato onn 50480 kuala lumpur malaysia. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy. Jalan dato onn 50480 kuala lumpur malaysia. 1300 88 5465 bnmtelelink 603 2698 8044 general line bnmtelelink bnm gov my.
This comes as malaysia s latest indicators showed significant improvement in economic activity during the third quarter said the committee. Bank negara malaysia bnm announced another reduction of the overnight policy rate opr by 25 basis points to 1 75 on july 7 2020. The monetary policy committee mpc of bank negara malaysia decided to reduce the overnight policy rate opr by 25 basis points to 2 50. In a statement today it said the monetary policy committee mpc decided to have the ceiling and floor rates of the corridor of the opr correspondingly reduced to 2 00 per cent and 1 50 per cent respectively.
As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy. Kuala lumpur nov 4 maybank investment bank bhd research maybank ib research said bank negara malaysia s bnm decision to maintain the overnight policy rate opr at 1 75 per cent is to make way for budget 2021. It said the continued improvement in the global economy given the easing of containment measures across more economies and strong policy support. For 2020 growth is expected to gradually improve with continued support from household spending and better export performance.
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