Malaysia’s central bank, Bank Negara Malaysia (BNM), has decided to maintain its benchmark Overnight Policy Rate (OPR) at 2.75%, marking the fourth consecutive meeting where the rate remained unchanged. The decision was widely expected by economists as policymakers balance economic growth with global uncertainties.
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Malaysia central bank holds interest rate steady at 2.75%
BNM said domestic economic activity remains resilient despite risks stemming from geopolitical tensions and global economic volatility. The central bank noted that growth continues to be supported by domestic demand and stable labour market conditions.
The move signals policymakers’ confidence in the country’s economic outlook while keeping monetary conditions supportive for businesses and consumers navigating external risks.
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