KUALA LUMPUR: Bank Negara, at its Monetary Policy Committee meeting, decided yesterday to leave the overnight policy rate (OPR) unchanged at 3.5%.
In a statement, the central bank said the latest indicators showed strong domestic demand that would provide the support for the Malaysian economy to perform well in the coming months.
The demand for financing by businesses and consumers remained strong, with robust investment activity, as corporations expanded capacity, while steady consumption growth was also being supported by a stable employment environment and growth in incomes, it said. – Bernama
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