tags - Sinar Daily

The ringgit opened higher against the US dollar on Friday, buoyed by the increase in OPR to 3.00 per cent, but the ringgit-dollar pair is projected to trade in a narrow range as risk-off mode leads to increased demand for the greenback.

File pix

Photo: @khairykj Instagram

BNM has raised the OPR by 25 basis points to 3.00 percent.

For illustration purpose

Image for illustrative purposes only. - FILE PIX

BNM says the balance of risk to the inflation outlook is tilted to the upside and remained highly subject to any changes to domestic policy, including subsidies and price controls, financial market developments, and global commodity prices.

Rescuers search for survivors in the rubble next to a damaged residential building in Uman, southern Kyiv on April 28, after Russian missile strikes targeted several Ukrainian cities overnight. - Ukraine and Russia have been fighting since Moscow's February 2022 invasion and Ukraine says it has been preparing for months a counter-offensive aimed at repelling Russian forces from the territory they currently hold in the east and south. - Pic: AFP

Frank Lampard claims Chelsea's frantic fixture schedule is damaging his bid to solve his struggling team's problems.- Pic: AFP

Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.