BNM Maintains OPR, Stable Inflation Outlook

February 5, 2026
Economy
Bloomberg

Bank Negara Malaysia (BNM) today announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, in line with market expectations. BNM stated that the current monetary policy stance remains supportive of economic growth while keeping inflation at a manageable level. The decision reflects confidence in economic stability.

On February 5, 2026, Bank Negara Malaysia (BNM)'s Monetary Policy Committee (MPC) concluded its meeting by announcing its decision to maintain the Overnight Policy Rate (OPR) at 3.00%. This move was largely in line with market expectations and reflects BNM's assessment of the current economic landscape. In a statement, BNM noted that while the global growth outlook continues to face downside risks, Malaysia's domestic economic activity remains resilient, with sustained improvements in the labor market. BNM emphasized that the current monetary policy stance is 'supportive and non-expansionary,' deemed sufficient to sustain economic growth while keeping price stability. Inflation is projected to remain moderate throughout 2026, influenced by ongoing government subsidies and price controls. Analysts generally expect BNM to maintain a wait-and-see approach for the foreseeable future.
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