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BNM cuts OPR by 25 basis points to 1.75%

Tuesday, 07 July 2020 15:49 News 177 Views

KUALA LUMPUR (July 7): Bank Negara Malaysia (BNM) said today its Monetary Policy Committee has decided to reduce the overnight policy rate (OPR) by 25 basis points to 1.75%. The central bank said the impact of the Covid-19 pandemic on the global economy is severe.

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