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Research firm expects OPR to be slashed to 1 pct

This article is 4 years old

Business research firm Fitch Solutions has forecast that Bank Negara will slash the Overnight Policy Rate (OPR) to 1 percent to spur the economy.

"The fiscal limitations of the government are... still in effect, leaving monetary policy as the key tool for the authorities to support growth," said the firm in its latest report.

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