BNM increases overnight policy rate by 25 basis points


The ceiling and floor rates of the corridor of Bank Negara Malaysia’s overnight policy rate have been correspondingly increased to 2.25% and 1.75%, respectively. – The Malaysian Insight file pic, May 11, 2022.

BANK Negara Malaysia (BNM) has increased the overnight policy rate (OPR) by 25 basis points to 2% at its Monetary Policy Committee (MPC) meeting.

The ceiling and floor rates of the corridor of the OPR have been correspondingly increased to 2.25% and 1.75%, respectively, BNM said in its monetary policy statement today.


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