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10 May 2022 - Bank Negara Malaysia (BNM), in its 3rd Monetary Policy Meeting for the year, increased the overnight policy rate (OPR) by 25

10 May 2022 - Bank Negara Malaysia (BNM), in its 3rd Monetary Policy Meeting for the year, increased the overnight policy rate (OPR) by 25 basis points to 2%.

Explain why, and what will impact domestic business activities? Support your discussion with facts and data from Malaysia. Please list down 5 impacts and support each impact with facts and data from Malaysia.

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