Friday, March 14, 2014

Malaysia Latest BLR Website

At the Monetary Policy Committee (MPC) meeting today (06/03/2014), Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.00 percent.

The global economic expansion remains moderate. While there have been improvements in the advanced economies, the recovery has been modest and uneven. In Asia, growth is supported by improvements in the external sector amid moderating domestic demand in some economies. Conditions in the international financial markets continue to be volatile as markets adjust to policy shifts in a number of major economies and to geopolitical developments.

For the Malaysian economy, latest indicators point to further improvement in exports and continued expansion in private sector investment spending. Going forward, this trend is expected to continue.

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