Bank Negara Malaysia (BNM) announced today its decision to maintain the Overnight Policy Rate (OPR) at 3.00%. This move was widely anticipated by the market, reflecting BNM's commitment to supporting sustainable economic growth while managing inflation risks. The central bank cited stable domestic economic conditions.
Bank Negara Malaysia (BNM), following its Monetary Policy Committee meeting today, announced its decision to maintain the Overnight Policy Rate (OPR) at 3.00%. This decision aligns with the consensus expectation among market analysts, indicating that BNM is currently prioritizing support for domestic economic growth while closely monitoring global economic uncertainties and inflationary pressures. In its statement, BNM noted that the current monetary policy stance is supportive and believes that the existing interest rate level is sufficient to address the dual objectives of economic growth and price stability. The market generally welcomed this, seeing it as providing a stable borrowing environment for businesses and consumers.
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