KUALA LUMPUR, July 7 — Public Bank will revise upwards its Base Rate (BR) and Base Lending Rate (BLR)/Base Financing Rate (BFR) by 25 basis points (bps), or 0.25 per cent, effective July 8.
KUALA LUMPUR, July 6 — Malayan Banking Bhd (Maybank) will revise upwards its Base Rate (BR) and Base Lending Rate (BLR) by 25 basis points effective July 8 following the announcement today on the Overnight Policy Rate (OPR) increase.
KUALA LUMPUR, July 6 — Bank Negara Malaysia (BNM) has increased the Overnight Policy Rate (OPR) by 25 basis points to 2.25 per cent during its fourth Monetary Policy Committee (MPC) meeting this year.
KUALA LUMPUR, June 8 — Malaysia’s monetary policy remains accommodative of the country’s economy just not at the level required during the height of the pandemic as the gradual hike in the overnight policy rate (OPR) from its historical low of 1.75 per cent to 2.0 per cent will allow the market to...
KUALA LUMPUR, May 13 — Bank Negara Malaysia (BNM) today stressed the importance of recalibrating the monetary policy to avoid the need to be aggressive in raising interest rates, said governor Tan Sri Nor Shamsiah Mohd Yunus.
KUALA LUMPUR, May 12 — Banks are revising their reference rates following Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) increased to two per cent from 1.75 per cent.
SHAH ALAM, May 12 — The 25 basis point hike in the Overnight Policy Rate (OPR) to 2.00 per cent announced by Bank Negara Malaysia (BNM) on Wednesday will not have a significant impact on Perusahaan Otomobil Nasional Bhd (Proton) car sales.
KUALA LUMPUR, May 11 — The ringgit ended higher for the second straight session today against the US dollar on continued buying interest after an unexpected interest rate hike by the central bank and on anticipation of a better first-quarter gross domestic product (GDP) result, said an analyst.
KUALA LUMPUR, May 11 — Bank Negara Malaysia (BNM) has increased the Overnight Policy Rate (OPR) by 25 basis points to 2.00 per cent at its third Monetary Policy Committee (MPC) meeting this year.
KUALA LUMPUR, May 10 — The ringgit rebounded from two straight days of losses to end marginally higher against the US dollar today on renewed buying interest, said an analyst.
KUALA LUMPUR, March 3 — Bank Negara Malaysia (BNM) has maintained the Overnight Policy Rate (OPR) at 1.75 per cent at its second Monetary Policy Committee (MPC) meeting of the year.
KUALA LUMPUR, Oct 13 — The next two weeks will be crunch time for Malaysia as it implements the conditional movement control order (CMCO) in Kuala Lumpur, Selangor, Putrajaya and Sabah, OCBC Bank said.
KUALA LUMPUR, Sept 10 — The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 1.75 per cent, the lowest level since it was implemented in 2004.
KUALA LUMPUR, Sept 3 — Amanah Saham Nasional Bhd (ASNB) has advised Amanah Saham Bumiputera (ASB) investors taking ASB financing to contact their respective banks to obtain a lower financing rate following Bank Negara Malaysia’s reduction of the overnight policy rate (OPR).
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