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OPR hike bad news for economy, says Guan Eng

  • May 12, 2023
  • 6:44 am

FORMER finance minister Lim Guan Eng today slammed Bank Negara’s decision to hike the overnight policy rate (OPR) to 3%, saying it would hurt borrowers and spook investors.

He said the hike will be mostly felt most by borrowers with vehicle, home, and credit card loans.

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