PETALING JAYA: The market is convinced that Bank Negara will raise its overnight policy rate (OPR) again tomorrow, although some economists questioned the need for a hike amid rising recessionary risks.
A poll by Reuters found that 25 out of 27 economists surveyed predicted Bank Negara would hike its OPR by 25 basis points (bps) to 2.75% from 2.5% at its Nov 3 meeting.
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