A general view of the Kuala Lumpur city centre November 22, 2020. — Picture by Hari AnggaraKUALA LUMPUR, 13 April — AmBank Research expects the overnight policy rate to remain at 1.75 per cent moving forward.
“As a trading nation, Malaysia’s economy is benefiting from improving global trade and growth. Firm commodity prices are also lending support to growth,” it said. Although the financial markets have experienced bouts of volatility, AmBank Research said the overall financial conditions remain supportive of economic activities.
The OPR will depend on USD & US Treasury Yields. BNM can’t resist raising OPR if USD strengthens.
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