BERNAMA - BNM TO MAINTAIN OPR STATUS QUO IN JULY MPC MEETING -- JUWAI IQI
OPR, MPC July, Juwai IQI, Shan Saeed, GDP, BNM governor
Source: bernama.com
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OPR, MPC July, Juwai IQI, Shan Saeed, GDP, BNM governor
Kuala Lumpur: Bank Negara Malaysia (BNM) will assess the impact of raising the overnight policy rate (OPR) by 100 basis points (bps) in 2022 on the Malaysian economy before taking any further action, said assistant governor Fraziali Ismail.
Work market still far from high labour utilisation.
Central bank says there is still some degree of underutilisation.
Bank Negara has urged the government to implement key structural reforms to enhance Malaysia’s competitiveness and growth potential.