Bank Negara Malaysia holds key interest rate steady, citing balanced risks for inflation and growth.
KUALA LUMPUR: Bank Negara Malaysia’s Monetary Policy Committee (MPC) has maintained the Overnight Policy Rate (OPR) at 2.75% during its meeting today.
In a statement, the central bank said that at the current OPR level, the MPC considers the monetary policy stance appropriate and consistent with the outlook for continued price stability and sustainable economic growth.
“The MPC will remain vigilant to ongoing developments and assess the balance of risks surrounding the outlook for domestic inflation and growth,” said BNM.
— More to come
