Malaysian monetary policy
Bank Negara Malaysia Stance Left Unchanged
March 9, 2016
A released statement after the latest meeting of Malaysia’s Monetary Policy Committee made the following points: The 3.25% overnight policy interest rate and 3.5% reserve ratio requirement were left as is. The interest rate has been at 3.25% since a 25-basis point cut in July 2014. Four earlier reductions totaling one percentage point were implemented […] More
Bank Negara Malaysia’s Monetary Policy Unchanged
September 11, 2015
Malaysia’s overnight money rate target has been at 3.25% for the past 14 months following four 25-basis point hikes between March 2010 and May 2011 and a fifth 25-bp increase engineered some three years later in July 2014. The latest policy meeting concluded with the release of a statement that express satisfaction with the baseline […] More
Bank Negara Malaysia Policy Unchanged
May 7, 2015
“At the current level of the OPR, the stance of monetary policy remains accommodative and supportive of economic activity,” asserts Malaysia’s latest monetary policy statement. The overnight policy rate (OPR) has been at 3.25% since a 25-basis point increase last July. Four previous 25-bp increase were undertaken in March, May and July of 2010 and […] More
Bank Negara Malaysia
November 7, 2013
The overnight Malaysian policy interest rate has been 3.0% since a 25-basis point hike in May 2011 that culminated four such increases implemented in March 2010, May 2010, July 2010 and the aforementioned most recent tightening. A statement from the Monetary Policy Committee at BNM projects higher inflation than the 1.8% on-year average in the […] More
Pause in Malaysian Monetary Policy Continued
November 8, 2012
Bank Negara Malaysia’s overnight interest rate was lifted by 25 basis points each in March 2010, May 2010, July 2010 and May 2011, but it has stayed at 3.0% ever since. A statement released after today’s last of six scheduled meetings in 2012 declared that “while inflation may increase in 2013, it is expected to […] More
Malaysian Monetary Policy Not Changed
May 11, 2012
Officials at the Bank of Malaysia decided not to change the overnight policy interest rate, which has been at 3.0% since a 25-basis point hike in May 2011. Three similarly-sized hikes were implemented from a base of 2.0% in March 2010, May 2010, and July 2010. A Monetary Policy Statement on Bank Malaysia Negara’s web […] More
Bank Negara Malaysia
March 9, 2012
A mixture of factors are keeping Malaysian monetary policy on hold. Bank Negara Malaysia’s overnight policy interest rate has been at 3.0% since May 2011 following four 25-basis point increases administered that month and earlier in March, May and July of 2010. A statement from Malaysia’s central bank notes A better global economic and financial […] More
