Guan Eng: Bank Negara’s latest OPR hike ‘unhelpful’ in boosting business confidence

  • 📰 malaymail
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

KUALA LUMPUR, May 12 ― DAP’s Lim Guan Eng has today labelled Bank Negara Malaysia’s (BNM) recent announcement on the overnight policy rate (OPR) hike as “unhelpful” in...

KUALA LUMPUR, May 12 ― DAP’s Lim Guan Eng has today labelled Bank Negara Malaysia’s recent announcement on the overnight policy rate hike as “unhelpful” in boosting business confidence in Malaysia.

“Apart from borrowers, the economy may also suffer with a higher interest rate affecting economic growth already affected by global uncertainties of a US-led global recession. Just two days before the announcement, Lim had called for BNM to maintain its OPR at the current 2.75 per cent as a hike could potentially cause small businesses to close and cause unemployment.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in BE

Belgique Dernières Nouvelles, Belgique Actualités