Banking and Finance

Bank Negara keeps overnight policy rate at 2.75% amid global risks

Malaysia’s central bank has maintained the Overnight Policy Rate (OPR) at 2.75%, as policymakers monitor global uncertainties including geopolitical tensions and volatility in financial markets. 

Malaysia central bank holds interest rate at 2.75%

The decision reflects a cautious stance by policymakers as global developments, including rising energy prices and geopolitical conflicts, pose potential risks to inflation and economic growth. 

Bank Negara said Malaysia’s economy remains resilient, supported by strong domestic demand, a stable financial sector and moderate inflation levels. 

Staff Writer

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