Bank Negara Malaysia (BNM) announced today its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, balancing inflationary pressures with economic growth. This decision was widely anticipated by the market, as BNM continues to assess global and domestic economic conditions.
Bank Negara Malaysia (BNM) announced today, following its Monetary Policy Committee meeting, that it will maintain the benchmark Overnight Policy Rate (OPR) at 3.00%. This decision was largely anticipated by the market, reflecting BNM's priority on domestic economic stability amidst current global economic uncertainties. In its statement, BNM noted that while global inflationary pressures have eased, potential external risks still warrant caution. Concurrently, domestic economic growth momentum remains robust, with continued improvements in the labor market. BNM stated it would continue to closely monitor the inflation and growth outlook, ready to adjust its monetary policy stance if necessary to ensure price stability and sustainable economic growth.
Share: