BNM maintains OPR at 3%, as expectedBank Negara Malaysia (BNM) has decided to maintain its overnight policy rate (OPR) at 3%.
This came in line with the expectations of most economists, who opined that nine months of easing inflation, together with the central bank’s recent ringgit intervention, provided some reprieve for the central bank’s new governor Datuk Shaik Abdul Rasheed Abdul Ghaffour.