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Bank Negara Malaysia Holds Steady: OPR Remains at 3%

MQTrader Jesse
Publish date: Thu, 02 Nov 2023, 03:58 PM

Bank Negara Malaysia Holds Steady: OPR Remains at 3% Despite Ringgit's Plunge. 

The stability is attributed to the supportive economic conditions and the continued availability of financing, driven by sustained credit growth.

BNM is keeping a close eye on how it will affect inflation and economic growth. They want to ensure that their monetary policies support stable prices and long-term economic growth.

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