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

<p>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.<br><br>Image Credit: Shutterstock.com</p>

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