Bank Negara Malaysia surprises market with ‘pre-emptive’ rate cut


Malaysia’s central bank surprised markets today (January 22) when it cut interest rates, a move it described as a “pre-emptive measure”.

Bank Negara Malaysia’s monetary policy committee (MPC) lowered the overnight policy rate by 25 basis points to 2.75%. The ceiling and floor rates of the rate’s corridor were also reduced to accommodate the change.

“The adjustment to the OPR is a pre-emptive measure to secure the improving growth trajectory amid price stability,” the MPC said.

The cut brings

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account