OPR

2022 - 9 - 8

Post cover
Image courtesy of "Free Malaysia Today"

BNM raises OPR by 25 bps to 2.5% (Free Malaysia Today)

The central bank says inflationary pressures have remained high due to elevated commodity prices and tight labour markets.

Connection is secure Checking if the site connection is secure Occasionally, you may see this page while the site ensures that the connection is secure.

Post cover
Image courtesy of "New Straits Times Online"

Bank Negara hikes OPR by 25bps to remain supportive of economic ... (New Straits Times Online)

KUALA LUMPUR: Bank Negara Malaysia has decided to increase the Overnight Policy Rate (OPR) by 25 basis points (bps) to 2.50 per cent for the third ...

"At the current OPR level, the stance of monetary policy continues to remain accommodative and supportive of economic growth," it said. "The growth outlook is subject to downside risks, including elevated cost pressures, the potential energy crisis in Europe, and sharp tightening in financial market conditions," it said. "Going forward, the global growth is expected to face challenges from the impact of monetary policy tightening in most economies and pandemic management measures in China.

Post cover
Image courtesy of "The Edge Markets MY"

Bank Negara raises OPR by 25bps to 2.5%, as expected (The Edge Markets MY)

Bank Negara Malaysia (BNM)'s Monetary Policy Committee (MPC) has raised its overnight policy rate (OPR) by 25 basis points (bps) to 2.5% on Thursday (Sept ...

These will ensure financial intermediation remains supportive of the economy,” it said. At the current OPR level, the stance of monetary policy continues to remain accommodative and supportive of economic growth,” it said. Malaysia’s headline inflation rose 2.8% year-on-year in the second quarter, from 2.2% in 1Q2022. Nevertheless, the central bank said external demand is expected to moderate following softening global growth. Financial institutions also continue to operate with strong capital and liquidity buffers. The reopening of international borders will lift tourism-related sectors.

Post cover
Image courtesy of "The Star Online"

Bank Negara raises OPR by 25 basis points to 2.5% (The Star Online)

KUALA LUMPUR: At the conclusion of its monetary policy committee (MPC) meeting, Bank Negara increased the overnight policy rate by 25 basis points (bps) to ...

"Domestic liquidity remains sufficient, with continued orderly functioning of the financial and foreign exchange markets. Despite the increased volatility in the global financial and foreign exchange markets, however, the developments are not expected to derail Malaysia's growth. According to the central bank, the transition to endemicity and policy measures have contributed to the stronger growth performance in the second quarter of 2022. "At the current OPR level, the stance of monetary policy continues to remain accommodative and supportive of economic growth. In a statement, it said it raised the ceiling and floor rate of the corridor of the OPR to 2.75% and 2.25% respectively. "The MPC is not on any pre-set course and will continue to assess evolving conditions and their implications on the overall outlook to domestic inflation and growth," said Bank Negara..

Post cover
Image courtesy of "Paul Tan's Automotive News"

Bank Negara increases OPR again by 0.25% to 2.5% – third hike ... (Paul Tan's Automotive News)

The monetary policy committee (MPC) of Bank Negara Malaysia (BNM) has decided to increase the overnight policy rate (OPR) again, this time by another 25 ...

The year-to-date, headline inflation is currently at an average of 2.8% and BNM says it is projected to peak in the third quarter of 2022 before moderating thereafter. This is the third time the OPR has been raised this year, with the previous two hikes – each seeing an increase of 0.25% – happening on July 6 and May 11. Share your experience in the comments below.

Post cover
Image courtesy of "Malay Mail"

Bank Negara raises OPR by 25 basis points to 2.5pc (Malay Mail)

KUALA LUMPUR, Sept 8 — Bank Negara Malaysia (BNM) has increased the Overnight Policy Rate (OPR) by 25 basis points to 2.50 per cent at its fifth Monetary ...

“However, global growth continues to be supported by improvements in labour market conditions and the full reopening of most economies and international borders,” BNM said in its monetary policy statement today. The central bank said the ceiling and floor rates of the corridor of the OPR are correspondingly increased to 2.75 per cent and 2.25 per cent respectively. KUALA LUMPUR, Sept 8 — Bank Negara Malaysia (BNM) has increased the Overnight Policy Rate (OPR) by 25 basis points to 2.50 per cent at its fifth Monetary Policy Committee (MPC) meeting today.

Post cover
Image courtesy of "The Rakyat Post"

BNM Increases OPR Again By 25bps, Third Hike In 2022 (The Rakyat Post)

BNM's Monetary Policy Committee raised the OPR rate by another 25 basis points to 2.50%, the third consecutive increase this year.

This is the third consecutive rate hike by the Malaysian central bank in 2022 having raised the OPR by 25bps in May and July this year Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) today raise the overnight policy rate (OPR) by 25 basis points (bps) to 2.50%. BNM’s Monetary Policy Committee raised the OPR rate by another 25 basis points to 2.50%, the third consecutive increase this year.

Post cover
Image courtesy of "The Malaysian Reserve"

Bank Negara raises OPR by 25bps to... (The Malaysian Reserve)

KUALA LUMPUR • Bank Negara Malaysia (BNM) has increased the Overnight Policy Rate (OPR) by 25 basis points (bps) to 2.5% at its fifth Monetary Policy ...

Connection is secure Checking if the site connection is secure Occasionally, you may see this page while the site ensures that the connection is secure.

Post cover
Image courtesy of "The Sun Daily"

Bank Negara Malaysia unveils 25bps increase, OPR now at 2.5% (The Sun Daily)

PETALING JAYA: Bank Negara Malaysia (BNM) today increased the Overnight Policy Rate (OPR) by 25 basis points (bps) to 2.50%, marking the third consecu...

At the current OPR level, the stance of monetary policy continues to remain accommodative and supportive of economic growth,” the MPC said in a statement. MARC Ratings expect BNM to remain on a rate tightening path. The OPR was at a record low of 1.75% from July 2020 to May 2022 due to the Covid-19 pandemic.

Post cover
Image courtesy of "Malaysiakini"

OPR hike widely expected amid domestic economy's continued ... (Malaysiakini)

The 25 basis points (bps) hike in the overnight policy rate (OPR) announced by Bank Negara Malaysia (BNM) yesterday to 2.50 percent in its fifth Monetary ...

Post cover
Image courtesy of "The Star Online"

Bank Negara hikes OPR to 2.5% (The Star Online)

PETALING JAYA: Bank Negara has raised its benchmark interest rate for the third time by 25 basis points (bps), but this is unlikely to be the last round of ...

To reach that level, the OPR will need to rise by 50 bps, either in one or two upcoming meetings by the Monetary Policy Committee (MPC) of Bank Negara. MIDF Research, in a note yesterday, pointed out that the current focus of Bank Negara’s monetary policy setting is to ensure a sustainable recovery of the country’s economy. “Any adjustments to the monetary policy settings going forward would be done in a measured and gradual manner, ensuring that monetary policy remains accommodative to support a sustainable economic growth in an environment of price stability,” said the MPC. At the current OPR level, it said the stance of monetary policy continues to remain accommodative and supportive of economic growth. “The range corresponds – based on a monetary policy reaction function and the given medium-term evolution of the economy – to what we can identify as the neutral stance. “However, it will be the main problem of 2023 for Bank Negara on whether to turn the monetary policy stance to a restrictive one or not.

Explore the last week