BNM Maintains OPR at 3.00%, In Line with Market Expectations

February 5, 2026
Economy
Reuters

Bank Negara Malaysia (BNM) today announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, a move largely in line with market expectations. This decision aims to support economic growth while managing inflationary pressures. Analysts foresee a stable monetary policy environment for the near term.

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 was in line with the expectations of the vast majority of economists and market analysts. In its statement, BNM noted that the current monetary policy stance aims to support sustained economic growth while ensuring inflation remains within manageable levels. Despite uncertainties in the global economic outlook, Malaysia's domestic economic activity is expected to remain resilient, with continued improvements in the labour market. Analysts believe that BNM's move is intended to provide policy stability, avoid unnecessary market volatility, and offer clear guidance to businesses and consumers. The OPR is anticipated to remain stable for the foreseeable future, barring significant changes in economic data or external shocks.
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