Bank Negara Malaysia (BNM) today announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, aiming to support economic growth while managing inflation risks. This move was widely anticipated by the market, signaling BNM's cautious, wait-and-see approach amidst global economic uncertainties.
Bank Negara Malaysia (BNM) today, March 4, 2026, announced that its Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00%. This decision aligns with broad market expectations, reflecting BNM's cautious stance in the current complex economic environment. In its statement, BNM noted that the global economic growth outlook continues to face downside risks, while domestic economic activity is expected to remain resilient but still requires policy support. On the inflation front, although core inflation has moderated, potential external price pressures and a recovery in domestic demand could lead to future inflation fluctuations. By maintaining the OPR, BNM aims to balance supporting economic growth with managing inflation risks, providing stability to the economy. Analysts believe that BNM may re-evaluate its policy stance later this year based on economic data and global trends.
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