Will the overnight policy rate be higher than before?

Will the overnight policy rate be higher than before?

Did you KNOW Malaysia’s policy rate and statutory reserve requirement (SRR) ratio once trended in double-digits? The current main interest rate framework, the overnight policy rate (OPR), never exceeds 3.5%. Before 2004, the country’s interest rate framework was called the three-month intervention rate and reached 11% in February 1998, when the SRR was at 13.5%. … Read more