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Bank Negara expected to slash OPR to 2 pct - report

This article is 4 years old

CORONAVIRUS | Bank Negara Malaysia is expected to cut its overnight policy rate (OPR) to two percent today, the lowest in a decade.

According to a Bloomberg survey, the central bank will reduce the OPR by up to 50 basis points (50 bps) to help cushion the economy in the wake of the coronavirus pandemic...

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