Bank Negara Malaysia Rate Cut: Economists Divided on Next Steps Bank Negara Malaysia’s (BNM) recent decision to lower its Overnight Policy Rate (OPR) by 25 basis points to 2.75% has sparked a lively debate among economists, investors, and businesses. While the cut is seen as a pre-emptive move to support economic momentum in the face of growing global uncertainty, experts are divided on whether this...
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BNM Lowers OPR to 2.75%: Supporting Growth Amid Global Uncertainty Bank Negara Malaysia (BNM) has cut the Overnight Policy Rate (OPR) by 25 basis points, reducing it from 3% to 2.75%, marking the first time it has fallen below 3% since March 2023. This move follows the central bank’s Monetary Policy Committee (MPC) meeting, and is widely seen as a pre-emptive measure to ensure Malaysia’s economy...
BNM’s SSR Cut: A Prelude to an OPR Reduction? Bank Negara Malaysia (BNM) has recently lowered the statutory reserve requirement (SSR) to 1%, the lowest in 14 years, injecting RM19 billion into the banking system. This move, according to Moody’s Analytics, could pave the way for a potential overnight policy rate (OPR) cut later this year, but two critical conditions must first be...
Bank Negara Malaysia’s SRR Cut: What It Means for the Banking Sector In a significant move to bolster financial liquidity, Bank Negara Malaysia (BNM) announced on Thursday a reduction in the statutory reserve requirement (SRR) ratio from 2% to 1%. This marks the lowest SRR level in 14 years and will take effect from May 16. The central bank’s decision is aimed at enhancing liquidity in the banking...
Bank Negara Maintains OPR at 3.00%: Economic Stability Amid Uncertainties Bank Negara Malaysia (BNM) has announced that the Overnight Policy Rate (OPR) will remain unchanged at 3.00%, maintaining the rate that has been in place since May 2023. This decision aligns with the expectations of most economists, as reflected in a Reuters poll where 24 out of 30 economists predicted the rate would be held...
Malaysia’s Housing Loan Growth Slows to 6.9% in 2024, But Remains Sound and Owner-Driven Malaysia’s housing loan market remained stable in 2024, despite a slight year-on-year (y-o-y) slowdown in growth to 6.9%, compared to 7.3% recorded in 2023. According to Bank Negara Malaysia’s (BNM) Financial Stability Review — Second Half 2024, the primary drivers behind this sustained growth were...
Bank Negara Malaysia Maintains OPR at 3% – What It Means for Property Investors in 2025 BNM Holds Interest Rates Amid Global Uncertainty: A Boon for Property Market Stability KUALA LUMPUR, MALAYSIA – Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 3%, as widely anticipated, in its latest Monetary Policy Committee (MPC) meeting. This decision comes amid global...
Bank Negara Malaysia Keeps OPR at 3% to Support Economic Growth Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 3%, as widely anticipated, following its two-day Monetary Policy Committee (MPC) meeting. This decision reflects the central bank’s confidence in Malaysia’s strong economic fundamentals and manageable inflation outlook. A Supportive Monetary...
Ringgit Shows Positive Trajectory Backed by Economic Strength The ringgit is demonstrating a positive outlook, reflecting Malaysia’s strong economic fundamentals and promising growth prospects for the next several years, according to Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour. Speaking at the Malaysia Economic Forum (FEM) 2025, the governor emphasized that the ringgit is...
Bank Negara Malaysia (BNM) is expected to lower the Overnight Policy Rate (OPR) to 2.75% in 2025, compared to the current 3.0%, according to economic analyst Associate Prof Dr. Ahmed Razman Abdul Latiff. Speaking to Utusan Malaysia, Dr. Ahmed Razman explained that the reduction could align with the United States Federal Reserve's recent interest rate cut to 4.5%. He noted, "In 2022, when the US interest...