OPR hike aims to ensure sustainable growth — SME Bank

KUALA LUMPUR (May 17): Bank Negara Malaysia’s (BNM) move to raise the Overnight Policy Rate (OPR) to 2.0% aims to ensure that the monetary policy remains accommodative to support sustainable economic growth, while enabling the economy to withstand external shocks, said SME Bank.

In a statement, group chief executive officer Dr Aria Putera Ismail said as the domestic economy is growing…