Malaysia's economy expanded substantially in a year, supported by a rise in consumer spending that helped services and manufacturing rebound. This gave the central bank more room to concentrate on…
Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) cut yesterday is considered as a “tactical” move to keep the growth momentum intact and provide sufficient liquidity in the market, an…
Bank Negara Malaysia has decided to lower the Overnight Policy Rate to 2.75% from 3% previously, following the meeting of its Monetary Policy Committee meeting.
In a statement, BNM…