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1-10 results from 159 for query «opr»

July 11, 2018 7:01 AM BNM says OPR kept at 3.25%

PETALING JAYA: Bank Negara Malaysia (BNM) announced that the Overnight Policy Rate (OPR) will remain unchanged at 3.25%. The decision was made after its Monetary Policy Committee (MPC) meeting today. The central bank said in a statement at the current level of the OPR, the degree of monetary accommodativeness is consistent with the intended policy stance 24

April 17, 2018 6:38 AM Mier sees inflation moderating to 3pc

Executive Director of Mier Zakariah Abdul Rashid speaks at the 23rd Corporate Economic Briefing in Kuala Lumpur April 17, 2018. — Picture by Miera ZulyanaKUALA LUMPUR, April 17 — Malaysia’s inflation rate is set to dip to 3 per cent in 2018 on the back of the local currency’s recovery, according to the Malaysian Institute of Economic Research (Mier) 34

March 7, 2018 7:02 AM Bank Negara retains key rate, says economy recovering well

Bank Negara's Monetary Policy Committee opted to keep the rate unchanged following its meeting today. — Picture by Yusof Mat IsaKUALA LUMPUR, March 7 — Bank Negara Malaysia will keep the overnight policy rate at 3.25 per cent, bucking predictions that it would raise this by another 25 basis points. According to the central bank, its Monetary Policy Committee 10

March 2, 2018 3:42 AM Maybank IB lists domestic lookouts for March

Maybank IB has lifted the end-2018 KLCI target to 1,880 points from 1,840 points estimated earlier. — Malay Mail picKUALA LUMPUR, March 2 — Maybank Investment Bank Bhd (Maybank IB) has listed Bank Negara Malaysia's (BNM) Monetary Policy Committee meeting on March 6-7 and the release of BNM's 2017 annual report on March 28 as two macro lookouts in March 22

January 30, 2018 11:33 AM RHB Bank to raise BR, BLR by 0.25%

KUALA LUMPUR: RHB Banking Group will be revising its base rate (BR) and base lending rate (BLR) by 25 basis points effective Feb 2, 2018, in line with the increase in the Overnight Policy Rate (OPR) by Bank Negara Malaysia (BNM). RHB Bank Bhd, RHB Islamic Bank Bhd and RHB Investment Bank Bhd will raise its BR from 3.65% to 3.90% per annum, and will also revise 16

January 30, 2018 7:49 AM Public Bank at all-time high on rate hike boost

PETALING JAYA: Public Bank's share price continued to hit a fresh high on strong buying into banking stocks following Bank Negara's Overnight Policy Rate (OPR) action last week. The stock, which was one of the top gainers today, rose as much as 48 sen or 2.2% to RM22.38 in early trade. At 2.40pm, it was up 18 sen or 0.8% to RM22.08 on some 3.86 million 18

January 25, 2018 6:59 AM BNM raises OPR to 3.25%, first hike in three-and-a-half years

PETALING JAYA: As expected, Bank Negara Malaysia (BNM) raised the Overnight Policy Rate (OPR) by 25 basis points to 3.25% from 3% at its Monetary Policy Committee (MPC) meeting today. This is the first rate hike since July 10, 2014. The last action by the central bank was to cut it from 3.25% to 3% on July 13, 2016. BNM said in a statement that with the OPR hike, the floor 26

January 23, 2018 2:15 AM BNM to raise lending interest rates this week, CIMB Research predicts

Bank Negara in 2017 maintained OPR at 3 per cent, but had given strong indication that a raise is due in 2018. — Picture by Yusof Mat IsaKUALA LUMPUR, Jan 23 — The Bank Negara Malaysia (BNM) is expected to raise its overnight policy rate this week, which in turn will impact overall lending rates for banks in the country, CIMB Equities Research said. The research 18

January 12, 2018 3:34 AM Interest rate hike a mild booster to bank’s earnings, says research firm

Bank Negara’s aggressive tone is said to hint at a potential review of monetary accommodation. — Picture by Yusof Mat Isa KUALA LUMPUR, Jan 12 — AmInvestment Research is projecting one to two rate hikes with 25 basis points (bps) each for this year which will be mildly positive on bank earnings. The research firm, in a Aminvestment Bank report, said Bank Negara’s 26

January 8, 2018 4:47 AM Ringgit opens at 19th month high

KUALA LUMPUR: The ringgit continued its upward momentum to open at a 19th month high of 3.9880/9930 against the US dollar today, on improved sentiment towards the local note. It was prompted by the strong trade surplus, as well as, expectations of a hike in the Overnight Policy Rate (OPR) by Bank Negara Malaysia this year. The local unit, which last touched 26