Malaysia holds interest rate steady as inflation eases to 10-month low

[KUALA LUMPUR] Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 3 per cent following the first monetary policy meeting of 2025, aligning with market expectations.

Economists widely expect the central bank will maintain this rate throughout the year, citing easing inflation and steady economic growth as key factors.

The OPR, the interest rate set by BNM for overnight interbank lending, has held steady since its last hike of 25 basis points in May 2023.