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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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Malaysia: Growth of 4% to 5% expected this year

KUALA LUMPUR: The economy is projected to expand between 4% and 5% this year, mainly driven by firm domestic demand, says Bank Negara governor Tan Sri Nor Shamsiah Mohd Yunus. Nor Shamsiah said household spending will be an important catalyst for domestic demand and is projected to expand at a moderate pace of 6.1% this […]

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