OPR status quo will not impact Malaysia’s trade, says Tengku Zafrul | TheStarTV.com

OPR status quo will not impact Malaysia’s trade, says Tengku Zafrul

Published on 7 Jul 2023 10:08:33 PM

The decision by Bank Negara Malaysia (BNM) to maintain the Overnight Policy Rate (OPR) at 3.00 per cent will not impact Malaysia’s trade at all as it is more affected by external factors.

Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said foreign investors in Malaysia would not make decisions that influenced their businesses by solely looking at the OPR movement.

He told reporters this after officiating Credit Guarantee Corporation Malaysia Bhd's 28th Financial Institutions/Development Financial Institutions & SME Awards 2022 in Kuala Lumpur on Friday (July 7).

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Keywords
tengku zafrul tengku abdul aziz, overnight policy rate, foreign investors, malaysia, trade, bank negara malaysia

The decision by Bank Negara Malaysia (BNM) to maintain the Overnight Policy Rate (OPR) at 3.00 per cent will not impact Malaysia’s trade at all as it is more affected by external factors.

Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said foreign investors in Malaysia would not make decisions that influenced their businesses by solely looking at the OPR movement.

He told reporters this after officiating Credit Guarantee Corporation Malaysia Bhd's 28th Financial Institutions/Development Financial Institutions & SME Awards 2022 in Kuala Lumpur on Friday (July 7).

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
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Keywords:
tengku zafrul tengku abdul aziz, overnight policy rate, foreign investors, malaysia, trade, bank negara malaysia

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