Octa forecast: OPR hike will likely be on hold due to falling inflation

Written by Media Outreach

KUALA LUMPUR, MALAYSIA - Media OutReach - 31 October 2023 - Octa analyses the likelihood of the BNM keeping the Overnight Policy Rate (OPR) unchanged at 3% at the upcoming Monetary Policy Committee (MPC) meeting on 1 – 2 November. Learn about the potential impact on the Malaysian ringgit. Key Takeaways

Headline inflation in Malaysia...

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