Bank Negara keeps OPR unchanged

"At the current level of the OPR, the stance of monetary policy remains accommodative and supportive of economic activity, " said Bank Negara Malaysia's monetary policy committee.

KUALA LUMPUR: Bank Negara Malaysia's monetary policy committee has maintained the overnight policy rate (OPR) at 3%, as expected by economists, and kept its economic growth forecast for this year at between 4.3% and 4.8%.

In a statement issued on Thursday, it said that with the OPR maintained at the current level, the stance of monetary policy remains accommodative and supportive of economic activity.