Tag: OPR is accommodative to GDP growth

In brief, Bank Negara Malaysia (BNM) believes the economy is getting better. It said, “At the current level of the OPR, the stance of monetary policy is accommodative and supportive of economic activity.”  Here is a report in asia.nikkei.com with views from analysts. According to Capital Economics’ analyst Krystal Tan.”The tone of today’s statement suggests that the…