Bank Negara reduce OPR by 25 basis points

Bank Negara Malaysia (BNM) has made a surprise decision to reduce the Overnight policy Rate  (OPR) by 25 basis points from 3.25% to 3.00%. This move is expected to effect all existing, new loans and deposits in Malaysia that are pegged to variable interest rates. Among variable interest rates loans are...

By: mohdgazali50

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