Type something and hit enter

Pages

Back to Top
On
As expected, Bank Negara (BNM) has, at its Monetary Policy Committee (MPC) meeting today (25 January 2018), made the decision to increase the Overnight Policy Rate (OPR) by 25 basis points from 3% to 3.25%.

This is the reverse of the last action taken on 13 July 2016, which reduced the OPR by 25 basis points from 3.25% to 3%.

For investors, if you are holding shares of financial institutions, this is a short term good news to you. If you are holding shares which the company is having high debt/equity (D/E) ratio, you need to evaluate how much will this OPR rise impact on the company's financial situation.

If you are planning to take a hire purchase (eg. buying a vehicle), act fast before the borrowing interest rate increases soon. If you are serving a home loan, expect your monthly commitment to your mortgage to slightly increase from now on.



You might probably also be interested to read about:

http://voyager8.blogspot.my/2018/01/bank-negara-increased-opr-to-325.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+blogspot/nzRYh+%28The+8th+Voyager%29
Back to Top