Malaysia: Bank Negara likely to hold OPR
PETALING JAYA: Kenanga Research foresees that Bank Negara has reached the end of its monetary tightening cycle and will keep the overnight policy rate (OPR) unchanged at 2.75% for the rest of the year. This is predicated on a further downtrend in headline and core inflation to below 3% and an expected global economic slowdown […]
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