OPR rate
The Monetary Policy Committee Malaysia is a committee under the central Bank Negara Malaysia responsible for formulating and implementing the country’s monetary policy.
The main tasks of the MPC is to determine the overnight policy rate (OPR) which is the benchmark interest rate set by the central bank of Malaysia
Any changer by which will affects the interest rate on loans, savings and investments.
The MPC’s primary objective is to ensure stability and sustainable economy growth in Malaysia
In consider various economy indicators such as inflation, growth, employment rates and consumer spending as well as external factors such as global economic conditions, geopolitical ricks and commodity prices.
Bank Negara Malaysia
Monetary Policy Statement 2022 – 2024
Overnight policy rate (OPR) by Bank Negara Malaysia
Date | Change in OPR | New OPR level |
Sept 5, 2024 | maintain | 3.00% |
May 9, 2024 | maintain | 3.00% |
May 3, 2023 | +0.25% | 3.00% |
Nov 3, 2022 | +0.25% | 2.75% |
Sep 8, 2022 | +0.25% | 2.50% |
July 6, 2022 | +0.25% | 2.25% |
May 11, 2022 | +0.25% | 2.00% |