Bank Negara Malaysia (BNM) announced today its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, aligning with market expectations. This move is aimed at supporting the ongoing economic recovery and ensuring price stability, as the central bank assesses domestic and global economic conditions.
Bank Negara Malaysia (BNM) announced today, following its Monetary Policy Committee meeting, that it would maintain the Overnight Policy Rate (OPR) at 3.00%. This decision was largely in line with market expectations, indicating BNM's satisfaction with the current pace of economic recovery and its belief that the existing policy stance is sufficient to support growth and manage inflation. BNM noted that while global growth faces downside risks, domestic economic activity continues to expand, supported by an improving labour market. Analysts generally anticipate BNM to keep rates stable for the foreseeable future, barring significant economic shocks or a substantial rise in inflationary pressures.
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