The monetary policy committee of Bank Negara Malaysia left interest rates unchanged on lower inflation pressures after its meeting today (March 5).
The overnight policy rate remains at 3.25%. “At the current level of the OPR, the degree of monetary accommodativeness is consistent with the intended policy stance,” says the policy statement.
Lower oil prices have been a key factor affecting price evolution in the South-east Asian economy over the last few months. “Headline inflation in January