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PETALING JAYA: Bank Negara Malaysia today increased the Overnight Policy Rate (OPR) by 25 basis

points to 2.50%.

“With the positive growth prospects for the Malaysian economy remaining intact, the Monetary Policy Committee (MPC) decided to further adjust the degree of monetary accommodation. At the current OPR level, the stance of monetary policy continues to remain accommodative and supportive of economic growth,“ it said in a statement.

More to come…

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