Bank Negara Malaysia (BNM) has once again held the Overnight Policy Rate (OPR) steady at 2.75%, as widely expected by economic analysts and market watchers ahead of today’s Monetary Policy Committee (MPC) meeting.
The decision comes after the central bank’s most recent rate cut on 9 July 2025, when it reduced the OPR from 3.00% to 2.75% to provide additional support for the economy.
For the Malaysian economy, latest developments indicate better-than-expected growth in the third quarter, driven by sustained domestic demand, resilient electrical and electronics (E&E) exports, and recovery in commodity production.
“Looking ahead, resilient domestic demand will continue to support growth going into 2026. Employment, wage growth and income-related policy measures will remain supportive of household spending.”
“At the current OPR level, the MPC considers the monetary policy stance to be appropriate and supportive of the economy amid price stability,” it wrote.
