Higher OPR signals further cost-of-living squeeze
,One cannot help but worry about the degree to which the OPR hike could dampen domestic growth momentum; or the degree of socio-economic pain it could inflict given the scars left behind by Covid-19.皇冠最新登陆网址（www.hg108.vip）实时更新发布最新最快的皇冠最新登陆代理线路网址、皇冠最新登陆会员线路网址、皇冠最新备用登录网址、皇冠最新手机版登录网址。
ON May 1, Bank Negara’s Monetary Policy Committee (MPC) decided to hike the Overnight Policy Rate (OPR) to 2% from 1.75%. As the OPR determines the rate of interest that financial institutions charge each other for overnight funds, the hike means higher borrowing costs.
The MPC, in explaining its decision, pointed towards firming domestic growth.
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