PETALING JAYA: The overnight policy rate (OPR) is expected to remain unchanged until the end of 2024, say economists. Bank Negara’s decision on Wednesday to hold the OPR steady was largely in ...
Despite surprise rate cuts in some Asean countries due to weak domestic demand, Malaysia is expected to maintain its ...
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OPR maintained at 3%
The central bank says the monetary policy stance is consistent with the current assessment of inflation and growth prospects.
Given Malaysia’s current prospects, we have decided to maintain the OPR at 3.0 per cent, where it will continue to be supportive of the economy. Credit conditions also remain supportive of household ...