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Bank Negara Malaysia keeps the Overnight Policy Rate at 2.75 per cent

5 November 2026

Bank Negara Malaysia, the country's central bank, held its benchmark interest rate steady at the last policy meeting of the year. Its Monetary Policy Committee left the Overnight Policy Rate (OPR) at 2.75 per cent. The committee judged that level right for keeping prices steady while the economy keeps growing. It expects the economy to grow by more than 5 per cent in 2026, with exports, tourism and the 2027 budget lending support. Price rises stayed mild through the year: the headline measure worked out at 1.8 per cent and the core measure at 1.9 per cent. Both are expected to climb a little in 2027.

OPR: 2.75% 2026 growth outlook: above 5%

Why it matters for exams: The durable fact is that Malaysia's central bank, Bank Negara Malaysia, holds monetary policy through the Overnight Policy Rate (OPR), kept at 2.75 per cent.

UPSCBank

5 November 2026 Source: Bank Negara Malaysia

In plain words

OPR Overnight Policy Rate — Bank Negara Malaysia's benchmark policy interest rate, like the RBI's repo rate for India.