BFM 89.9
The Business Station
BFM 89.9
The Business Station
Bank Negara: OPR Stays At 3%, Ringgit Undervalued
Bank Negara: OPR Stays At 3%, Ringgit Undervalued
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27 mins
34 mins
39 mins
Guest: Julia Goh, Senior Economist, UOB
Bank Negara's Monetary Policy Committee has decided to maintain the Overnight Policy Rate at 3% for its fifth consecutive meeting; it last raised it by 25 basis points in May 2023. Meanwhile, BNM also believe the ringgit is currently undervalued. Julia Goh, a senior economist at UOB helps us unpack the implications of the decision and comments in the official statement that followed.
Image Credit: Shutterstock.com
Presenter: Keith Kam, Wong Shou Ning, Shazana Mokhtar
Producer: Tun Hizami Hashim
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