Central BanksMedium•5 November 2026•
1 min read
Bank Negara Malaysia Holds Rate at 2.75% to Counter Inflation Pressures
Key Facts
1Bank Negara Malaysia decided to maintain the Overnight Policy Rate at its current level despite growing inflation pressures.
Bank Negara Malaysia (BNM) decided to maintain the Overnight Policy Rate at its current level. Reuters reported that the central bank opted to keep rates unchanged despite growing inflation pressures, as officials seek to balance economic growth with risks arising from recent global and domestic developments.
The central bank held the interest rate at 2.75% on November 5, 2026, matching previous forecasts. While the hold was a slight surprise to some market participants, the bank signaled readiness to act against rising prices, maintaining a hawkish tone to support a stable outlook for the Malaysian Ringgit.