Bank Negara MPC cuts OPR by 25bp to 2.75%, banks under pressure


The reduction in the OPR surprised economists who expected the MPC to retain the OPR at 3%.

KUALA LUMPUR: Bank Negara Malaysia's Monetary Policy Committee (MPC) reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75% -- the lowest since 2011.

The reduction in the OPR surprised economists who expected the MPC to retain the OPR at 3%.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Keyfield's 1Q25 net profit drops to RM20.7mil on lower vessel revenue
Fibromat wins RM283.5mil contract for Central Spine Road works
LBS Bina, Oriental Holdings ink MoU for RM7bil GDV mixed-use industrial project in Melaka
99 Speed Mart’s 1Q net profit rises 7.5%, declares 2.25 sen dividend
Ringgit ends marginally higher against US dollar on mild demand
Aneka Jaringan wins RM50.54mil piling and earthworks contract
Dialog Group maintains positive outlook for FY25
UOB Malaysia partners with Bursa Malaysia to support SMEs sustainability efforts
Aemulus bags RM4.7mil orders from automotive industry
High Court strikes out ex-MMM deputy chairman’s suit challenging insider trading law

Others Also Read