Gradual OPR hikes won’t impact borrowers drastically, says MOF | The Malaysian Insight

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Gradual OPR hikes won’t impact borrowers drastically, says MOF

Deputy Finance Minister Yamani Hafez Musa has told the Dewan Rakyat that the 50 basis points hike in the overnight police rate by Bank Negara will not impact borrowers in a huge manner. – The Malaysian Insight file pic, August 1, 2022.

THE recent 50 basis points hike in Bank Negara Malaysia’s overnight policy rate will not affect borrowers drastically, Yamani Hafez Musa said. 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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But there will not be a gradual hike in salary. Then how can you say that borrowers won’t be impacted? Is “drastically” your keyword?

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