Some good news for borrowers.
Via BNM.gov.my…
At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to leave the Overnight Policy Rate (OPR) unchanged at 2.00 percent.
The recovery in the global economy continues to gather pace, supported by continued expansionary economic policies, improved financial conditions and a strong rebound in several emerging economies. While the growth momentum in regional economies is expected to strengthen further in 2010, there remains uncertainty on the prospects for the advanced economies as growth continues to depend on policy stimulus measures, and the sustainability of private sector demand amid ongoing financial system resolution and reforms.
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