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Bank Negara Malaysia · Overnight policy rate

Malaysia · MYR · Policy rate

The Bank Negara Malaysia’s Overnight policy rate is 2.75 %, last changed on 9 Jul 2025 when it was cut by 25 bp from 3.00 %.

2.75 %

Last change
cut −25 bp·
Previous rate
3.00 %
Next decision
Latest observation
Source
BIS

2.75 % ·

18 Sep 20210.003.00 %18 Sep 2026

Recent decisions

DateRateChange
2.75 %−25 bp
3.00 %+25 bp
2.75 %+25 bp
2.50 %+25 bp
2.25 %+25 bp
2.00 %+25 bp
1.75 %−25 bp
2.00 %−50 bp
2.50 %−25 bp

Changes are dated by when they took effect; holds by the announcement day. We do not track this bank’s meeting calendar, so only changes are listed.

BNM website

At a glance

Economy
Malaysia
Currency
MYR
Type
Policy rate
Set by
Bank Negara Malaysia
History since
1995
Changes in the last 12 months
0

Questions and answers

What is the current Bank Negara Malaysia interest rate?
The Bank Negara Malaysia’s Overnight policy rate is 2.75 %, last changed on 9 Jul 2025 when it was cut by 25 bp from 3.00 %.
When did the Bank Negara Malaysia last change its rate?
On 9 Jul 2025, when the Overnight policy rate was cut by 25 bp to 2.75 % from 3.00 %.
When is the next Bank Negara Malaysia rate decision?
The bank does not publish a decision calendar that we track.

All changes since 2018

DateRateChange
2.75 %−25 bp
3.00 %+25 bp
2.75 %+25 bp
2.50 %+25 bp
2.25 %+25 bp
2.00 %+25 bp
1.75 %−25 bp
2.00 %−50 bp
2.50 %−25 bp
2.75 %−25 bp
3.00 %−25 bp
3.25 %+25 bp

Dates before 2021 are month precision (monthly BIS data).

Other rates in Asia

Source: BIS central bank policy rates. Latest observation 14 Sep 2026. Refreshed every 30 minutes.