Fixed Deposit Rates In Malaysia V. No.12, Strictly for FD Discussion Only
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 Mar 10 2016, 06:11 PM
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QUOTE(galaxynote259 @ Mar 10 2016, 04:44 PM) What is opr is layman term? Overnight Policy Rate (OPR) is an overnight interest rate set by Bank Negara. This overnight policy rate or interest rate is a rate a borrower bank has to pay to a leading bank for the funds borrowed. The current OPR set by Bank Negara is 3.25 Simply put, it is a MAJOR REFERENCE for Loan interest rate and FD interest rate. |
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