,One cannot help but worry about the degree to which the OPR hike could dampen domestic growth momentum; or the degree of socio-economic pain it could inflict given the scars left behind by Covid-19.新2手机网址（www.99cx.vip）实时更新发布最新最快的新2手【shou】机网址、新2手 shou[机网址线路、新2手「shou」机网址登录网址《zhi》、新2手机『ji』网址管理端、新2手机网址手机版登【deng】录网址、新2手机皇 huang[冠登 deng[录网址。
ON May 1, Bank Negara’s Monetary Policy Committee (MPC) decided to hike the Overnight Policy Rate (OPR) to 2% from 1.75%. As the OPR determines the rate of interest that financial institutions charge each other for overnight funds, the hike means higher borrowing costs.
The MPC, in explaining its decision, pointed towards firming domestic growth.
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