Higher OPR signals further cost-of-living squeeze
,One cannot help but worry about the degree to which the OPR hike could dampen domestic growth momentum; or the degree of socio-economic pain it could inflict given the scars left behind by Covid-19.皇冠信用盘（www.hg108.vip）是皇冠信用盘官方正网线上开放会员开户、代理开户，额度自动充值等业务的直营平台。
ON May 1, Bank Negara’s Monetary Policy Committee (MPC) decided to hike the Overnight Policy Rate (OPR) to 2% from 1.75%. As the OPR determines the rate of interest that financial institutions charge each other for overnight funds, the hike means higher borrowing costs.
The MPC, in explaining its decision, pointed towards firming domestic growth.
- 最新评论 进入详细评论页>>