OPR Increase - Why do we have to continuously submit ourselves to this ruinous system?
- Published in News & Comment
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Bank Negara Malaysia, BNM (The Central Bank of Malaysia) made a decision to raise the Overnight Policy Rate (OPR) to 3.0% which has a direct impact on the increase in interest rates (riba) of loans (financing). The increase in OPR brought mixed reactions. Economists had been expecting it, but some saw this rise as coming too soon.
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