Article Related To Overnight Policy Rate

Global growth, however, remains weighed down by persistent core inflation and higher interest rates, BNM said.

A total of 50.3 per cent or 6.4 million accounts of the total loan accounts in the household sector are fixed-rate loans that are not affected by the 100 basis point increase in the OPR.

Bank Negara Malaysia's (BNM) decision to maintain the overnight policy rate (OPR) will assist small and medium enterprises (SMEs) to evaluate their financial health

BNM has raised the OPR by 25 basis points to 2.75 pct, the fourth consecutive hike since May this year as the central bank's MPC decided to further adjust the degree of monetary accommodation.

With the overnight policy rate at a historical low of 1.75 pct, BNM is mindful of the consequences of keeping it low for an extended time.

Bank Negara Malaysia (BNM) held its overnight policy rate steady at a record low of 1.75 pct.

Banks would witness a recovery in net profit growth for the FY21, supported by the projected drop in loan loss provisioning.

Growth for 2020 is expected to be near the lower end of the earlier forecasted range.

Bank Negara Malaysia kept its overnight policy rate at a record low of 1.75 pct.

The reduction in the OPR will provide additional policy stimulus to accelerate the pace of economic recovery.

Malaysia foresees economic growth for the second half of the year to improve gradually, boosted mainly by the overnight policy rate (OPR) and the continuation of large-scale infrastructure projects.

At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 3.25 percent.

The first quarter GDP was revised down to 2.5 percent from 2.7 percent for the year.

This decision was made when the central banks Monetary Policy Committee (MPC) convened earlier today.

The revision was made after a better-than-expected growth performance of 5.6 per cent in the first quarter, as the economic recovery momentum was beginning to show signs of sustainability.

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