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.
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.
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.
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