KLSE (MYR): KOSSAN (7153)
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KK
1,368 posts
Posted by KK > 2020-08-31 22:34 | Report Abuse
OPR TO CUT BY 25 BASIS POINT FROM CURRENT 1.75% TO 1.50%?
Bank Negara Malaysia (BNM) is expected to make one final 25 basis point (bps) cut in the Overnight Policy Rate (OPR) as early as in the central bank’s next Monetary Policy Committee (MPC) meeting on Sept 10, 2020 in anticipation of an arduous economic recovery path ahead.
Bank Negara to announce opr cut again... that means more retailer money going into Bursa.