Bank Negara Malaysia (BNM) announced on Thursday its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, aiming to balance inflationary pressures with economic growth. This move was largely in line with market expectations.
KUALA LUMPUR, March 14 – Bank Negara Malaysia (BNM) announced on Thursday, following its Monetary Policy Committee (MPC) meeting, that it would maintain the Overnight Policy Rate (OPR) at 3.00%. This decision was largely in line with market expectations, reflecting BNM's priority to ensure stable domestic economic growth and inflation control amidst current global economic uncertainties. In its statement, BNM noted that despite global challenges, the Malaysian economy is projected to continue expanding, supported by robust domestic demand and a recovering tourism sector. The central bank will continue to closely monitor inflation risks and stands ready to adjust its policies if necessary to ensure price stability and sustainable growth. The decision to keep rates unchanged aims to provide continued support to the economy.
Share: