MOF: Hiking OPR gradually won't cause significant impact
- 2 years ago
Gradual increase in the overnight policy rate (OPR) will not cause a significant impact, said Deputy Finance Minister I Mohd Shahar Abdullah.
Any decision made by Bank Negara Malaysia (BNM) to adjust the monetary policy in the future would be implemented in a controlled and gradual manner to ensure it would not affect the country’s economic recovery momentum, he added.
Shahar also said the measure would not affect the B40 group significantly.
Any decision made by Bank Negara Malaysia (BNM) to adjust the monetary policy in the future would be implemented in a controlled and gradual manner to ensure it would not affect the country’s economic recovery momentum, he added.
Shahar also said the measure would not affect the B40 group significantly.