BNM Maintains OPR to Support Economic Growth Amid Inflationary Concerns

February 5, 2026
Economy
Bloomberg

Bank Negara Malaysia (BNM) today announced its decision to keep the Overnight Policy Rate (OPR) unchanged at 3.00%, aiming to balance economic growth with lingering inflationary risks. This move was largely in line with market expectations, providing stability for businesses and consumers.

On February 5, 2026, Bank Negara Malaysia's (BNM) Monetary Policy Committee (MPC) announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00%. This decision aims to continue supporting the moderate recovery of the domestic economy while closely monitoring global economic developments and domestic inflationary pressures. In its statement, BNM noted that despite challenges to global economic growth, Malaysia's domestic demand remains resilient, and the labor market continues to improve. However, core inflation still warrants vigilance. Analysts generally view this move by BNM as prudent, providing necessary stability to the economy and avoiding additional borrowing cost pressures on businesses and consumers during uncertain times. The OPR is expected to remain stable in the near term.
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