BNM’s decision to maintain OPR provides relief to local banks’ NIM and ringgit

BNM’s decision to maintain OPR provides relief to local banks’ NIM and ringgit

The Malaysian Reserve-News·2019-11-06 11:59

The stance of monetary policy remains accommodative and supportive of economic activity

BANK Negara Malaysia (BNM) has taken a “wait-and-see” stance as it kept the Overnight Policy Rate (OPR) at 3%, but warning of a synchronised slowdown in the global economic activity.

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Finance Economy Bank

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