Bank Negara Malaysia (BNM) announced today its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, citing that inflationary pressures are currently contained. The central bank emphasized its commitment to supporting sustainable economic growth while ensuring price stability amidst evolving global conditions.
Bank Negara Malaysia (BNM) today announced its decision to maintain the benchmark Overnight Policy Rate (OPR) at 3.00% following a Monetary Policy Committee (MPC) meeting. This decision aligns with market expectations, reflecting the central bank's cautious approach in balancing economic growth and inflation control. In its statement, BNM noted that despite challenging global economic prospects, domestic economic activity remains resilient, with a continuously improving labor market. Concurrently, core inflation is projected to remain within manageable limits. The central bank emphasized its commitment to closely monitoring global and domestic economic developments and stands ready to adjust monetary policy as needed to ensure price stability and sustainable economic growth. This move provides a stable signal to the market, helping to bolster investor confidence.
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