Bank Negara cuts key interest rate to 2% | The Malaysian Insight

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Bank Negara cuts key interest rate to 2%

Bank Negara says the growth outlook remains subject to “a high degree of uncertainty”. – The Malaysian Insight file pic, May 5, 2020.

BANK Negara Malaysia has slashed its overnight policy rate to 2% after considering the “deteriorating business environment” caused by the Covid-19 pandemic.today decided to reduce the OPR by 50 basis points. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

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