MQ Expresso
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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