NicoleChooi.IMS

Bank Negara Malaysia 🇲🇾 expected to cut OPR by another 75 basis points in this coming May.

Expected to have another third wave by this year!

BNM expected to cut OPR by another 75 basis points — CGS-CIMB CGS-CIMB Securities Sdn Bhd said today it expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by another 75 basis points (bps) in anticipation of a contraction in the country’s economy in 2020 and subdued inflation during the year.