Tag: will BNM reduce the OPR again in 2020
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Maybe even lower home loan rates and lower fixed deposit rates this year.
It was a surprise for many when Bank Negara Malaysia (BNM) reduced the Overnight Policy Rate (OPR) recently. Article here: Yeah, lower mortgage rates, Oops, lower FD rates too It’s loved by many home buyers and yet it’s not a good news at all for those with lots of fixed deposits (FD in banks. While…