Bank Negara Malaysia Maintains OPR at 3.00%, Focuses on Inflation-Growth Balance

February 5, 2026
Economy
Bloomberg

Bank Negara Malaysia today announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, in line with market expectations. This move aims to balance inflation risks with economic growth, providing stability to the market amidst evolving global and domestic conditions.

KUALA LUMPUR, February 5, 2026 – Bank Negara Malaysia (BNM) today announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00% following its Monetary Policy Committee (MPC) meeting. This decision was in line with the expectations of most economists and market analysts. BNM stated that the current monetary policy stance is supportive of sustained economic growth while ensuring inflation remains within a manageable range. Despite ongoing uncertainties in the global economic outlook, Malaysia's domestic economic activity remains resilient, with continuous improvements in the labor market. BNM emphasized that it will continue to closely monitor global and domestic economic developments, as well as their implications for the inflation and growth outlook. Analysts generally believe that this move by BNM aims to provide policy stability, avoid introducing unnecessary volatility during the economic recovery, and preserve flexibility for future policy adjustments.
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