As expected, Bank Negara Malaysia has kept the overnight policy rate at 3%. In the Monetary Policy Committee Statement, the central bank kept its positive tone whilst acknowledging the downside risk. Dr Afzanizam Abdul Rashid, Chief Economist, Bank Muamalat helps unpack this decision whilst weighing in on inflation, the ringgit and GDP growth.

Image Credit: Shutterstock.com

Produced by: Natalie Tan

Presented by: Wong Shou Ning, Shazana Mokhtar

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Categories:  economy

Tags:  bank negara malaysia,  policy rates,  gdp,  ringgit,  inflation,