KUALA LUMPUR, Jan. 19 (Xinhua) — The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) on Thursday decided to maintain the overnight policy rate (OPR) at 2.75 percent.
In a statement, BNM said the decision allows the MPC to assess the impact of the cumulative past OPR adjustments, given the lag effects of monetary policy on the economy.
It said at the current OPR level, the stance of monetary