The OPR is an interest that is overnight set by BNM. It really is a price a debtor bank needs to spend to a bank that is leading the funds lent. The OPR, in turn, has an impact on employment, financial development and inflation. It really is an indicator regarding the ongoing wellness of a country’s overall economy and bank operating system.

22 January 2020: Bank Negara cuts OPR price to 2.75per cent

MODIFY: The Monetary Policy Committee (MPC) of Bank Negara Malaysia chose to reduce steadily the Overnight Policy Rate (OPR) to 2.75 %. The floor and ceiling prices associated with the corridor for the OPR are correspondingly paid off to 3.00 % and 2.50 %, correspondingly.

The modification to your OPR is a pre-emptive measure to secure the enhancing growth trajectory amid cost security. Read more →