BNM Maintains OPR At 3.0 Pct
KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.0 per cent during its meeting today.
BNM highlighted that global growth for 2024 turned out higher than expected, reflecting better outturns in the major economies and stronger global trade.
“For 2025, the global economy is anticipated to be sustained by positive labour market conditions, moderating inflation and less restrictive monetary policy.
“Global trade is expected to remain broadly sustained, supported by the continued tech upcycle,” it said in a statement today.
-- BERNAMA