Stanchart CEO: Malaysia’s OPR may rise to 2.75%
KUALA LUMPUR: Standard Chartered Bank Malaysia Bhd has forecast the overnight policy rate (OPR) to gradually increase to 2.75 per cent by mid-2010, said managing director and chief executive officer Osman Morad. Currently, interest rates stood at two per cent. “We foresee a gradual rise in interest rates starting from the end of the first quarter this [...]