Bank Negara Malaysia maintains its overnight policy rate amid cautious global outlook and projected 4–5% growth range.
Bank Negara Malaysia left its overnight policy rate unchanged at 2.75% for a sixth consecutive meeting, citing persistent global risks. The decision aligns with a cautious stance on economic uncertainties while monitoring inflation trends closely.
The central bank expects Malaysia’s growth to remain within a 4–5% range, consistent with earlier projections. Previous meetings also held rates steady, reflecting a balanced approach to supporting recovery while managing inflation pressures.
Markets showed limited reaction as the decision met expectations, with the ringgit holding steady against major currencies.