Bank Negara Malaysia maintains OPR at 2.75% to support growth amid global uncertainties
PETALING JAYA: Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to keep the Overnight Policy Rate (OPR) unchanged at 2.75 percent, saying the current level remains appropriate to support economic growth while maintaining price stability.
In a statement, BNM noted that Malaysia’s economy expanded by 5.2 percent in 2025, driven by strong domestic demand, robust electrical and electronics (E&E) exports, and higher tourism receipts. The central bank expects this momentum to continue in 2026, supported by resilient household spending, ongoing investment projects, and steady external demand.
BNM highlighted that headline inflation stood at 1.6 percent in January 2026, while core inflation was 2.3 percent. Both are expected to remain moderate this year, despite potential volatility in global commodity prices.
The central bank cautioned that uncertainties remain, particularly due to the ongoing conflict in the Middle East, which could affect global trade and financial markets. At the same time, upside potential exists from stronger technology spending, resilient tourism, and pro-growth policies in key economies.
BNM reaffirmed that Malaysia’s economy is well-positioned to weather challenges, citing robust domestic growth, moderate inflation, a sound financial sector, and a resilient external position.
