BFM Podcast

BNM Keeps OPR At 3%

Tan KW
Publish date: Thu, 07 Nov 2024, 03:05 PM
BNM Keeps OPR At 3%

07-Nov-24 07:45

Dr Dr Afzanizam Abdul Rashid, Chief Economist, Bank Muamalat

As expected, Bank Negara Malaysia has kept the overnight policy rate at 3%. In the Monetary Policy Committee Statement, the central bank kept its positive tone whilst acknowledging the downside risk. Dr Afzanizam Abdul Rashid, Chief Economist, Bank Muamalat helps unpack this decision whilst weighing in on inflation, the ringgit and GDP growth.

Image Credit: Shutterstock.com

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