KUALA LUMPUR: Bank Negara kept the overnight policy rate (OPR) unchanged at 3%, as widely expected, noting that this level supports Malaysia's economy and aligns with its assessment of inflation and growth prospects.
“At the current OPR level, the monetary policy stance remains supportive of the economy and is consistent with the current assessment of inflation and growth prospects. The Monetary Policy Committee (MPC) remains vigilant to ongoing developments to inform the assessment on the domestic inflation and growth trajectories going into 2025,” Bank Negara said in a statement.
