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Malaysia Central Bank To Assess Impact Of OPR Hikes Before Further Action

BNM

Bank Negara Malaysia (BNM) will assess the impact of raising the Overnight Policy Rate by 100bp last year before taking any further action, Bernama cited Assistant Governor Fraziali Ismail as saying.

  • "We are on track to achieve the targets - for example, this year, for inflation to be between +2.8 Y/Y and 3.8% and economic growth to be between +4.0% Y/Y and +5.0%."

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