KUALA LUMPUR, Nov 5 — Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 2.75 per cent following its final Monetary Policy Committee (MPC) meeting of the year today.
In a statement, the central bank said the latest indicators pointed to continued resilience in global growth, supported by strong global technology investment and stable labour markets.
“At the current OPR level, the MPC considers the monetary policy stance to be consistent with the outlook of continued price stability and sustainable economic growth,” it said.
BNM said the MPC would remain vigilant to evolving conditions and assess their implications for the balance of risks surrounding the outlook for domestic inflation and economic growth.
