Bank Negara Maintains OPR at 3.00%, Emphasizing Stable Economic Growth Trajectory

January 18, 2026
Economy
Bloomberg

Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 3.00% in its latest Monetary Policy Committee meeting. BNM stated that the current rate level is sufficient to support economic growth and manage core inflation. Stability is widely expected throughout the year.

Bank Negara Malaysia (BNM) decided to keep the Overnight Policy Rate (OPR) unchanged at 3.00%, aligning with market expectations. In a statement, BNM noted that despite challenging global economic prospects, Malaysia's economic growth trajectory remains robust, driven primarily by domestic demand and the recovery of the tourism sector. BNM reiterated that the focus of monetary policy is to ensure price stability and sustainable economic growth. Analysts believe BNM is unlikely to adjust the OPR in the first half of 2026 unless there are significant external shocks or a sharp rise in inflationary pressure. The stable rate environment is beneficial for domestic consumption-dependent sectors like retail and property.
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