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Bank Negara increased OPR to 3.25%

As expected, Bank Negara (BNM) has, at its Monetary Policy Committee (MPC) meeting today (25 January 2018), made the decision to increase the Overnight Policy Rate (OPR) by 25 basis points from 3% to 3.25%.This is the reverse of the last action taken on 13 July 2016, which reduced the OPR by 25 basis points...

By: ppfoong



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