BNM Reduces OPR to 1.75pc to Quicken Economic Recovery

Bank Negara Malaysia (BNM) has reduced the Overnight Policy Rate (OPR) by 25 basis points to 1.75 percent. BNM said the ceiling and floor rates of the corridor of the OPR are correspondingly reduced to 2.00 percent and 1.50 percent, respectively. The central bank in a statement said the reduction in the OPR will provide […]

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