Bank Negara Malaysia (BNM) today announced it would maintain the Overnight Policy Rate (OPR) at 3.00%, in line with market expectations. BNM emphasized its continued monitoring of inflation and economic growth prospects.
Bank Negara Malaysia (BNM) today announced that its Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00%. This decision is in line with general market expectations, reflecting BNM's cautious approach in balancing economic growth and inflation control. In a statement, BNM noted that despite challenges in the global economic outlook, the Malaysian economy is projected to continue its moderate growth trajectory. However, inflation risks persist, particularly influenced by global commodity prices and domestic policy adjustments. BNM stated it would continue to closely monitor inflation dynamics and global economic developments to ensure appropriate monetary policy that supports sustainable economic growth and price stability.
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