KUALA LUMPUR, Jan 3 - Malaysian Rating Corp Bhd (MARC) expects Bank Negara Malaysia (BNM) to maintain its overnight policy rate (OPR) unchanged at three per cent despite pressures to lower it amid a weakening external sector.

MARC said it expected the monetary policy to remain unchanged with a slight upside bias unless the growth momentum were to decline significantly. "We sense that the BNM is not willing to endanger the financial system by inducing more over-leveraging practices through lower interest rates, especially among households," it said in the "Economic Outlook 2013: Sustaining Domestic Pillars Amidst Global Uncertainties" report.

KUALA LUMPUR, May 11 - At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.00 percent.

While the global economy continues to recover, developments in the most recent period have increased the risks to global growth. Stress in the international financial markets has re-emerged following rising policy uncertainties and renewed concerns over the sovereign debt crisis in the euro area. Economic activity in Europe also continues to be weighed down by the ongoing fiscal consolidation, impaired financial intermediation and weak labour market conditions. In North America, recent economic data have been mixed, indicating uncertainty in the pace of the economic recovery. In Asia, while economic activity continues to be supported by domestic demand, the growth momentum is affected by the slowdown in international trade activity.

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At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.00 percent.

The global economic and financial conditions registered some improvements since the previous MPC meeting. Stress in the international financial markets has been partially alleviated by the introduction of measures to address the European sovereign debt crisis. In North America, there have been tentative signs of improvements in the economy. Notwithstanding these improvements, growth in the advanced economies remains subdued. In Asia, while growth continues to be supported by domestic demand, the growth momentum has moderated amid a slowdown in trade activity.