KUALA LUMPUR — Bank Negara Malaysia (BNM) has kept its Overnight Policy Rate (OPR) at 2.75 per cent, maintaining the rate for a seventh consecutive meeting.

At 2.75 per cent, the OPR is now at its lowest since the Covid‑19 pandemic era, when it was cut to 1.75 per cent — a rate that remained in place until July 9, 2025, when it was raised back to 3 per cent.

With the OPR left unchanged at 2.75 per cent, the focus now shifts to what this means for borrowing costs, savings returns and day‑to‑day spending.

The OPR is Bank Negara’s key monetary policy rate.

It influences interest rates in the banking system, including rates for loans and deposits, although changes to the OPR do not necessarily translate one-for-one to every financial product.

Put simply, the OPR affects the cost of borrowing money and the returns on some forms of savings.

When the OPR is lowered, borrowing can become cheaper, which can support household and business spending and investment.

When it is raised, borrowing generally becomes more expensive, which can moderate demand in the economy.