HEADLINES

overnight policy rate

Ringgit rebounds after OPR announcement

At 6pm, the ringgit appreciated to 4.7485/7525 against the greenback from yesterday’s close of 4.7695/7735. 

Economists argue against rate hike due to slow GDP growth

Economists have expressed no surprise over Bank Negara Malaysia’s decision to maintain the overnight policy rate at 3.0%.

[UPDATED] BNM maintains OPR at 3.0%

Bank Negara Malaysia’s Monetary Policy Committee announced a status quo on interest rates after deciding to maintain the overnight policy rate at 3.0%.

Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Qatar to host final stages of 2025 FIFA Confederations Cup for second year running

Tournament kicks off in Jeddah this September, with final three matches—including the decider featuring PSG—set for December in Qatar

DoSM estimates Malaysia’s population to be 34.1 mil in 2024

Three states with the highest population are Selangor, Johor, Sabah