Bank Negara Malaysia (BNM) announced on Monday that it would maintain the Overnight Policy Rate (OPR) at 3.00%, striking a balance between inflation control and economic growth. This decision was largely anticipated by the market, providing stability.
Bank Negara Malaysia (BNM) announced after its Monetary Policy Committee meeting on Monday that it would maintain the benchmark Overnight Policy Rate (OPR) at 3.00%. This decision was in line with market expectations, reflecting BNM's priority on domestic economic stability amidst current global uncertainties. BNM stated that while inflationary pressures have eased, vigilance is still required, while simultaneously supporting sustained economic growth. The move aims to provide a stable borrowing environment for businesses and consumers to foster investment and spending, ensuring the resilience of the economic recovery.
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