BNM Keeps OPR At 3%
Dr Dr Afzanizam Abdul Rashid, Chief Economist, Bank Muamalat
07-Nov-24 07:45
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As expected, Bank Negara Malaysia has kept the overnight policy rate at 3%. In the Monetary Policy Committee Statement, the central bank kept its positive tone whilst acknowledging the downside risk. Dr Afzanizam Abdul Rashid, Chief Economist, Bank Muamalat helps unpack this decision whilst weighing in on inflation, the ringgit and GDP growth.
Image Credit: Shutterstock.com
Produced by: Natalie Tan
Presented by: Wong Shou Ning, Shazana Mokhtar
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Categories: economy
Tags: bank negara malaysia, policy rates, gdp, ringgit, inflation,
