KUALA LUMPUR, March 11 — A lower Overnight Policy Rate (OPR) increase compared to other countries is among the main reasons for the ringgit’s decline, Second Finance Minister...
KUALA LUMPUR, March 11 — A lower Overnight Policy Rate increase compared to other countries is among the main reasons for the ringgit’s decline, Second Finance Minister Datuk Seri Amir Hamzah Azizan said.
“If the OPR is increased to strengthen the ringgit, the nation’s economy will be affected and various parties, especially borrowers, have to pay higher interest rates,” Amir told Parliament in his winding-up address on the King’s speech today.
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