DistantNews
Support us
🇲🇾 Malaysia /Economy & Trade

Bank Negara Malaysia Keeps OPR at 2.75 Percent

From Utusan Malaysia · () Malay

Translated from Malay and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement Outcome reported
  • Bank Negara Malaysia kept the Overnight Policy Rate at 2.75 percent at its Monetary Policy Committee meeting.
  • The central bank said global growth remained resilient.
  • It attributed that resilience to strong global technology expansion, improving supply conditions and stable labor markets.

Bank Negara Malaysia kept its Overnight Policy Rate at 2.75 percent at a Monetary Policy Committee meeting in Petaling Jaya.

The central bank said recent indicators pointed to resilient global growth. It cited strong expansion in global technology, improving supply conditions and stable labor markets as supporting factors.

The decision leaves the policy rate unchanged at its current level. The central bank said the committee continued to assess conditions at that rate.

At the current OPR level, the MPC ...

· Bank Negara MalaysiaThe central bank referred to its assessment of conditions at the existing policy rate.
About this summary

Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

More Stories

From Our Blog