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Thursday, 19 January 2017

Bank Negara Malaysia left the Overnight Policy Rate (OPR) unchanged at 3.00 per cent.

Central Bank warned of external risks which could lead to `episodes of increased financial market volatility'.
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Multi Management and Future Solutions Malaysia: As broadly expected, Bank Negara Malaysia left the Overnight Policy Rate (OPR) unaltered at 3.00 for each penny. 

The national bank however cautioned of elevated outside dangers which could prompt to `episodes of expanded money related market unpredictability'. 

In its first fiscal arrangement advisory group explanation in 2017, Bank Negara noticed that vulnerability and drawback dangers to worldwide development remain, emerging from dangers of protectionism, geopolitical advancements and item value instability. 

On the development standpoint for the Malaysian economy in the final quarter, it said the most recent markers indicate proceeded with extension in the final quarter of 2016, with private segment movement being the key driver of development. 

"Private utilization is relied upon to be managed by proceeded with wage and work development, with support from different approach measures to raise discretionary cashflow." 

Despite the fact that venture movement is directing, it will be bolstered by on-going framework advancement activities and capital spending in the assembling and administrations divisions. 

In general, the economy stays on track to extend as anticipated. 


Bank Negara additionally cautioned that the feature expansion is relied upon to normal higher in 2017 from 2.1 for every penny in 2016.

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