Malaysian central bank holds policy rate at 3 pct

KUALA LUMPUR, July 11 (Xinhua) -- The Malaysian central bank on Thursday maintained the overnight policy rate (OPR) at 3 percent.

Bank Negara Malaysia said in a statement that at the current OPR level, the monetary policy stance remains supportive of the economy and is consistent with the current assessment of inflation and growth prospects.

It said the Monetary Policy Committee remains vigilant to ongoin