Kuala lumpur: The current overnight policy rate (OPR) of 2.75 percent remains supportive and appropriate given Malaysia’s economic conditions and stable inflation environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour. He highlighted the potential for adjustments in fiscal and monetary policies, underpinned by the strength of the ringgit, positive growth outlook, and stable inflation forecast.

According to BERNAMA News Agency, Abdul Rasheed emphasized the room for policy adjustments due to the favorable currency performance, growth outlook, and inflation forecast. He stated that the domestic economic prospects suggest that the current monetary policy stance remains suitable and beneficial for the economy amidst price stability. This assessment was shared during a joint press conference announcing Malaysia’s third-quarter 2025 gross domestic product performance.

The central bank maintained the OPR at 2.75 percent during its Monetary Policy Committee (MPC) meeting in November. Abdul Rasheed mentioned that the OPR reduction in July is gradually impacting the economy and is expected to support growth as the country moves towards 2026.

The governor further added that the MPC will continue to monitor ongoing developments and evaluate the risks affecting the outlook for domestic growth and inflation.