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Malaysia’s central bank keeps overnight policy rate at 2.75 pct

KUALA LUMPUR, March 9 (Xinhua) — The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) Thursday decided to maintain the overnight policy rate (OPR) at 2.75 percent.

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, gi