Bank Negara Malaysia to Keep Interest Rates Unchanged Until 2026
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#50ca7822 ver:0.04
Bank Negara Malaysia will keep interest rates unchanged until 2026, despite Malaysia's lower-than-expected consumer price index and depreciation of the Ringgit. Bank Islam Malaysia successfully mitigated the impact of the static Overnight Policy Rate (OPR) in 2023, resulting in improved net income margin. Economists are divided on BNM's stance on the OPR, with some predicting it will remain at 3% throughout 2024. BNM emphasizes that its monetary policy is determined by domestic factors and will assess the impact of external developments. The decision to maintain the OPR aims to support economic growth and ensure price stability. #BankNegaraMalaysia #interestrates #economicgrowth...
#newstr #BankNegaraMalaysia #InterestRates #Economy #Inflation #Gdp
https://here.news/story/50ca7822?ver=0.04