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Media OutReach

Bank Negara Malaysia likely to keep OPR at 3%—OctaFX

Headline inflation in Malaysia declined to 2% in July, according to the Monetary and Financial Developments by Bank Negara Malaysia (BNM). The domestic financial market and the ringgit exchange rate were driven primarily by expectations that the US Federal Reserve’s monetary tightening cycle was nearing an end. The Overnight Policy …

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