,One cannot help but worry about the degree to which the OPR hike could dampen domestic growth momentum; or the degree of socio-economic pain it could inflict given the scars left behind by Covid-19.皇冠博彩网址（www.hg9988.vip）是皇冠体育官方博彩平台，开放皇冠信博彩网代理申请、博彩网会员开户的线上博彩的官方平台。
ON May 1, Bank Negara’s Monetary Policy Committee (MPC) decided to hike the Overnight Policy Rate (OPR) to 2% from 1.75%. As the OPR determines the rate of interest that financial institutions charge each other for overnight funds, the hike means higher borrowing costs.
The MPC, in explaining its decision, pointed towards firming domestic growth.
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