: Malaysias central bank keeps overnight policy rate at 2.75% #IndiaNEWS #International Kuala Lumpur, March 9 (IANS) The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) on Thursday decided
Malaysias central bank keeps overnight policy rate at 2.75% #IndiaNEWS #International
Kuala Lumpur, March 9 (IANS) The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) on Thursday decided to maintain the overnight policy rate (OPR) at 2.75 per cent.
BNM said in a statement that at the current OPR level, the stance of monetary policy remains accommodative and supportive of economic growth.
It said the MPC will continue to assess the impact of the cumulative OPR adjustments, given the lag effects of monetary policy on the economy, Xinhua news agency reported.
It also said the MPC remains vigilant to cost factors, including those arising from financial market developments, that could affect the inflation outlook.
Further normalisation to the degree of monetary policy accommodation would be informed by the evolving conditions and their implications to the domestic inflation and growth outlook, it added.
IANS
int/khz/
Stock Market NEWS Best intraday tips Intraday Stocks below 100
0 Reactions React
More posts by @IndiaNEWS
: DMRCL dispute: Delhi HC appoints former CJI Ramana as sole arbitrator #IndiaNEWS #National New Delhi, March 9 (IANS) The Delhi High Court has appointed former Chief Justice of India, N. V. Ramana
0 Reactions React
: Not checking social media apps for 15 min daily can boost your health #IndiaNEWS #Education London, March 9 (IANS) Reducing social media use by 15 minutes a day can significantly improve general health
0 Reactions React
0 Comments
Sorted by latest first Latest Oldest Best
Terms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © athashpal.com2024 All Rights reserved.