OPR continues to be supportive of the economy - Bank Negara governor

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KUALA LUMPUR: The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour after January’s Monetary Policy Committee meeting.

Now, let me turn to inflation - the pace of overall price increases in Malaysia.Inflation averaged at 1.8 per cent in 2024, which is lower than 2023.

With all this in mind, we have decided to maintain the OPR at 3.0 per cent, where it will continue to be supportive of the economy.

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Category: EconomyBusiness

Markets: Malaysia

Topics: Monetary policy Economy OPR BNM Banking /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 21:04:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 866 words

Reading Time: 5 minutes read

Sentences: 46 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 25342432

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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Publisher ID: #22

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