Bank Negara, statistics department asked to explain OPR increase
The Special Task Force on Jihad Against Inflation says the people need to be given a proper understanding of the decision to raise the overnight policy rate to 2.25%.
Bank Negara raises overnight policy rate 25 basis points to 2.25%
The ceiling and floor rates of the OPR corridor are correspondingly increased to 2.50% and 2.00% respectively.
