KUALA LUMPUR: Bank Negara Malaysia decided to maintain the overnight policy rate (OPR) at 2.75% at the monetary policy committee (MPC) meeting on Friday, Nov 12.
'The MPC considers the current level of OPR as appropriate and consistent with the latest assessment of the economic growth and inflation prospects,' it said.
BNM said the monetary policy would continue to remain accommodative and supportive of economic growth.
However, it said while domestic financial conditions remain orderly, greater vigilance will be accorded to the potential risks arising from large and volatile capital flows.
On domestic headline inflation it moderated in September to 1.8%.
BNM, however, said prices are expected to rise at a modest pace in the coming months in view of the rising global commodity and food prices. Inflation is however expected to remain moderate going into 2011.
'The MPC considers the current level of OPR as appropriate and consistent with the latest assessment of the economic growth and inflation prospects,' it said.
BNM said the monetary policy would continue to remain accommodative and supportive of economic growth.
However, it said while domestic financial conditions remain orderly, greater vigilance will be accorded to the potential risks arising from large and volatile capital flows.
On domestic headline inflation it moderated in September to 1.8%.
BNM, however, said prices are expected to rise at a modest pace in the coming months in view of the rising global commodity and food prices. Inflation is however expected to remain moderate going into 2011.
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