Version: CN, MY
OPR 2024: Latest updates
As of 11 July 2024, Bank Negara Malaysia maintained its Overnight Policy Rate (OPR) at 3.00%.
BNM has decided to remain the OPR at 3.00% since its last increase of 25 bps (basis points) on 3 May 2023.
The ceiling and…
Kashif Ansari, CEO and Co-Founder, along with Daniel Ho, Co-Founder & Managing Director of Juwai IQI, have contributed their insights to the news articles mentioned below.
Bank Negara Malaysia's decision to keep the overnight policy rate (OPR) unchanged is expected to provide stability to the housing market.
This move indicates that consumers have become familiar…
Check out this article to know more about the updated OPR for 2022!
What is the Overnight Policy Rate (OPR)?
As of May 6th, Bank Negara Malaysia has maintained the overnight policy rate (OPR) at 1.75%. Despite the impact of the COVID-19 pandemic, the central bank said the global economies continued…
Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) cut yesterday is considered as a “tactical” move to keep the growth momentum intact and provide sufficient liquidity in the market, an economist said.
“It gives banks clear forward guidance that interest rate would be lowered in a structured manner in the months to come,” IQI Global…
Bank Negara Malaysia has decided to lower the Overnight Policy Rate to 2.75% from 3% previously, following the meeting of its Monetary Policy Committee meeting.
In a statement, BNM said the adjustment to the OPR is a pre-emptive measure to secure the improving growth trajectory amid price stability.
“At this current level of the…