Bank Negara Maintains OPR At 3.00%

Ray Choy, Chief Economist, Malaysian Rating Corporation (MARC)

08-Sep-23 07:45

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Economists' forecast that Bank Negara Malaysia would hold rates proved right, with the Monetary Policy Committee (MPC) maintains the overnight policy rate at 3%. We speak to Ray Choy of the Malaysian Rating Corporation (MARC) on the rationale for the central bank's decision country and what this says about the outlook for the economy.

Image Credit: Shutterstock

Produced by: Wong Shou Ning

Presented by: Shazana Mokhtar, Wong Shou Ning, Mark Tan

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Categories: markets, economy

Tags: bank negara, opr rates,

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