Carian mengenai topik opr-hike

Bank Negara Malaysia's decision to raise the OPR will encourage the government to manage the national expenditure prudently, said Economy Minister Rafizi Ramli.

A total of 50.3 per cent or 6.4 million accounts of the total loan accounts in the household sector are fixed-rate loans that are not affected by the 100 basis point increase in the OPR.

The key thought is can we afford to have the OPR continue its upward climb.

Banks are revising their reference rates following Bank Negara's OPR increased to 2.75 pct from 2.50 pct announced today.

MIDF said the banking sector is often synonymous with high dividend yields, with several names offering yields above 4.0 per cent.

CGS-CIMB reiterated its "overweight" call on banks as key beneficiaries of the OPR hikes after BNM raised 25 basis points (bps) to 2.50 pct yesterday.

The Malaysian economy has been absorbing the impact of the OPR hike quite well, and "it is very clear that we are no longer in a crisis," said BNM governor Tan Sri Nor Shamsiah Mohd Yunus today.

Mohd Shahar said BNM's decision to increase the OPR was made when the economic indicators were showing positive signs.

This brings to the question of what was the intention of the OPR hike in the first place.

The Ringgit continued to weaken over the past week against the US Dollar as the portfolio outflows continued especially from the bond market.