Bank Negara has raised OPR (Overnight Policy Rate) by 25 basis points from the previous 3.00% to 3.25%. This move has been very much anticipated as Malaysia GDP growth accelerated to 6.2% as the first quarter of 2014. The Malaysian OPR Rate has been stagnant since the May of 2011. So how does it impact me ? Malaysian Bank interest rates BLR(Base Lending Rate) operates based on OPR that is defined by Bank Negara Malaysia. Malaysian Banks will set their own BLR with the value defined by OPR. At previous 3.00% rate, A bank will add their own operating cost/margin and mark

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