BNM’s decision to maintain OPR provides relief to local banks’ NIM and ringgit
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.
……Read full article on The Malaysian Reserve-News
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