On February 5, 2026, Bank Negara Malaysia (BNM) announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00%, in line with market expectations. This move aims to balance inflationary pressures with the need to support economic growth, signaling a cautious approach amidst global uncertainties.
KUALA LUMPUR, February 5, 2026 — 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 was largely in line with market expectations, reflecting BNM's cautious assessment of domestic inflationary pressures and the economic growth outlook amidst current global uncertainties. In its statement, BNM noted that while core inflation has moderated, upside risks remain for services and food prices. Concurrently, weakening global economic momentum could pose challenges to Malaysia's exports. Therefore, maintaining the OPR aims to provide a stable monetary environment to support sustained economic expansion while closely monitoring inflation dynamics. Analysts anticipate BNM will continue to adopt a wait-and-see approach in the coming months, barring any significant shifts in economic data.
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