BNM keeps OPR at 3%, sees inflation moderating in 2H
This is the third consecutive time that the OPR has been at 3%.
This is the third consecutive time that the OPR has been at 3%.
The committee’s final interest rate hike of 2022 was in line with Bloomberg median economist expectations and marked the fourth consecutive 25bps hike of this year, translating to a year-to-date increase of 100bps.
KUALA LUMPUR (Sept 24): Bank Negara Malaysia (BNM) has launched the Malaysia Overnight Rate (MYOR) as the new alternative reference rate (ARR) for Malaysia, as part of a transition to transaction-based rates.
KUALA LUMPUR (Sept 9): The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) has decided to maintain the overnight policy rate (OPR) at 1.
KUALA LUMPUR (Sept 2): Bank Negara Malaysia (BNM) should trim the overnight policy rate (OPR) by 25 bps to ease Malaysia's journey to economic recovery, as indicators hint at a rockier road ahead, said OCBC Bank.
KUALA LUMPUR (July 8): Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) unchanged at 1.
KUALA LUMPUR (May 7): Bank Negara Malaysia kept the overnight policy rate (OPR) pat at its historic low of 1.
KUALA LUMPUR (March 18): The Malaysian economy is set to recover in 2021, with growth projected at 6.
KUALA LUMPUR (Jan 20): Bank Negara Malaysia (BNM) has maintained the overnight policy rate (OPR) at 1.
KUALA LUMPUR (Sept 11): Bank Negara Malaysia (BNM) did not cut the overnight policy rate (OPR) in yesterday's Monetary Committee Meeting (MPC), keeping the rate at 1.