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 % ·
2 Nov 20210.00 – 3.00 %2 Nov 2026
Recent decisions
| Date | Rate | Change |
|---|---|---|
| 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.
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.
Decisions by year since 2018
2025net −25 bp
| Date | Rate | Change |
|---|---|---|
| 2.75 % | −25 bp |
2023net +25 bp
| Date | Rate | Change |
|---|---|---|
| 3.00 % | +25 bp |
2022net +100 bp
| Date | Rate | Change |
|---|---|---|
| 2.75 % | +25 bp | |
| 2.50 % | +25 bp | |
| 2.25 % | +25 bp | |
| 2.00 % | +25 bp |
2020net −125 bp
| Date | Rate | Change |
|---|---|---|
| 1.75 % | −25 bp | |
| 2.00 % | −50 bp | |
| 2.50 % | −25 bp | |
| 2.75 % | −25 bp |
2019net −25 bp
| Date | Rate | Change |
|---|---|---|
| 3.00 % | −25 bp |
2018net +25 bp
| Date | Rate | Change |
|---|---|---|
| 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 26 Oct 2026. Refreshed every 30 minutes.