Tuesday, March 3, 2020

Central Bank of Malaysia Cuts Interest Rate

Bank Negara Malaysia reduced its overnight policy rate (OPR) by 25 basis points to 2.5%, its lowest level since July 2010. This was the second cut of 2020 and brings the cumulative reduction since May 2019 to 75 basis points. Today’s move may not be the final gesture according to a released statement: “The reduction […]

* This article was originally published here

No comments:

Post a Comment