Analysts: OPR likely to remain at 3 pct this year


KUCHING (May 5): After Bank Negara Malaysia’s (BNM) surprise move to increase the overnight policy rate (OPR) by 25 basis points (bps) to three per cent recently, Kenanga Investment Bank Bhd (Kenanga Research) believed the central bank might have reached its policy normalisation target for now. “Nevertheless, there seems to be room for rate adjustments, [...]

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