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2020 OPR Cuts: So What Does This Suggest For Malaysians?

2020 OPR Cuts: So What Does This Suggest For Malaysians?

The OPR can be an interest that is overnight set by BNM. It’s a price a debtor bank needs to spend up to a bank that is leading the funds lent. The OPR, in turn, has an impact on work, financial growth and inflation. It’s an indication of this ongoing wellness of a country’s overall economy and bank system.

22 January 2020: Bank Negara cuts OPR price to 2.75per cent

IMPROVE: The Monetary Policy Committee (MPC) of Bank Negara Malaysia chose to reduce steadily the Overnight Policy Rate (OPR) to 2.75 per cent.