Malaysia Increases Key Interest Rate by 0.25% to 3.25%
Kuala Lumpur | 25th January 2018
The Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 3.25 percent.
” BANK NEGARA MALAYSIA Increases KEY INTEREST RATE to 3.25% “
With the economy firmly on a steady growth path, the MPC decided to normalise the degree of monetary accommodation. At the same time, the MPC recognises the need to pre-emptively ensure that the stance of monetary policy is appropriate to prevent the build-up of risks that could arise from interest rates being too low for a prolonged period of time. At the current level of the OPR, the stance of monetary policy remains accommodative.
Official Press Release by Bank Negara Malaysia