Bank Negara leaves OPR unchanged at 3%
Bank Negara Malaysia: "At the current OPR level, the monetary policy stance remains supportive of the economy and is consistent with the current assessment of inflation and growth prospects.
Bank Negara Malaysia: "At the current OPR level, the monetary policy stance remains supportive of the economy and is consistent with the current assessment of inflation and growth prospects.
Bank Negara Malaysia resisted pressures to raise the overnight policy rate last November, and “we expect the same this week”, HSBC said.
The policy rate has remained unchanged for 10 months and was last raised in May 2023 by 25 basis points, closing a cycle of what has been called “normalisation” by the central bank.
This is the fourth time that the MPC has decided to maintain the OPR at 3% since July 2023.
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The last time Bank Negara Malaysia raised the OPR was in May, instituting a 25 bps hike to 3%, from 2.
Ahmad Maslan emphasized that the government is closely monitoring the movement of the Malaysian ringgit, as it affects the prices of imported goods.
“Looking ahead, we believe that the BNM will be wary of loosening monetary policy too soon.
BNM’s latest statement on Thursday guided that the current monetary policy stance remains supportive of the economy and is consistent with the current assessment of the inflation and growth prospects, while it remains vigilant to ongoing economic developments.
Selepas Merdeka, landskap seni bina Malaysia menjalani perjalanan transformasi yang menandakan aspirasi negara dan menggambarkan semangat demokrasi yang baru ditemui Peralihan dari pemerintahan kolonial melahirkan kebutuhan mendesak untuk mendefinisikan kembali nilai-nilai nasional, bahasa, dan pendidikan, semuanya sambil memupuk rasa persatuan.