{"id":56930,"date":"2023-07-07T17:54:41","date_gmt":"2023-07-07T09:54:41","guid":{"rendered":"http:\/\/wordpress-my-161844363.ap-southeast-1.elb.amazonaws.com\/articles\/?p=56930"},"modified":"2023-07-07T17:54:41","modified_gmt":"2023-07-07T09:54:41","slug":"bnm-opr-remains","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/bnm-opr-remains","title":{"rendered":"BNM Keeps OPR At 3.00%"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Monetary Policy Committee (MPC) of Bank Negara Malaysia recently held a meeting, in which they decided to maintain the Overnight Policy Rate (OPR) at 3.00 percent.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In a statement, the central bank also mentioned that the global economy continues to grow, driven by strong domestic demand and good labour market conditions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, global growth continues to be weighed down by persistent core inflation and higher interest rates.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Other highlights of the BNM statement include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Malaysian economy expanded at a more moderate pace in Q2 2023<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Local economy affected by the slowdown in external demand for Q2<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Household spending underpinned by favourable labour market conditions in domestic-oriented sectors<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Here\u2019s a snapshot of the OPR decisions since January 2020.<\/span><\/p>\n<p><a href=\"http:\/\/wordpress-my-161844363.ap-southeast-1.elb.amazonaws.com\/articles\/wp-content\/uploads\/2023\/07\/5.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-56932\" src=\"http:\/\/wordpress-my-161844363.ap-southeast-1.elb.amazonaws.com\/articles\/wp-content\/uploads\/2023\/07\/5.jpg\" alt=\"\" width=\"898\" height=\"1600\" srcset=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/07175242\/5.jpg 898w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/07175242\/5-300x535.jpg 300w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/07175242\/5-800x1425.jpg 800w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/07175242\/5-768x1368.jpg 768w, https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/07175242\/5-862x1536.jpg 862w\" sizes=\"(max-width: 898px) 100vw, 898px\" \/><\/a><br \/>\n<i><span style=\"font-weight: 400;\">Source: <\/span><\/i><a href=\"https:\/\/www.bnm.gov.my\/monetary-stability\/opr-decisions\" target=\"_blank\" rel=\"noopener nofollow noreferrer\"><i><span style=\"font-weight: 400;\">BNM OPR decisions<\/span><\/i><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The central bank said at the current OPR level, the monetary policy stance is slightly accommodative and remains supportive of the economy.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, the MPC sees &#8220;limited risks&#8221; of future financial imbalances and remains vigilant to ongoing developments; promising to ensure that the monetary policy stance remains conducive to sustainable economic growth amid price stability.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The current stance remains supportive of the economy.<\/p>\n","protected":false},"author":58,"featured_media":56933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216],"tags":[521,982,826],"class_list":["post-56930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-updates","tag-bank-negara-malaysia","tag-news","tag-opr"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BNM Keeps OPR At 3.00%<\/title>\n<meta name=\"description\" content=\"With BNM keeping the OPR at 3.00%, people can expect little to no change in fixed deposit rates and the price of borrowing money.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/bnm-opr-remains\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BNM Keeps OPR At 3.00%\" \/>\n<meta property=\"og:description\" content=\"With BNM keeping the OPR at 3.00%, people can expect little to no change in fixed deposit rates and the price of borrowing money.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/bnm-opr-remains\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-07T09:54:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/07175402\/4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jordan Low\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jordan Low\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.imoney.my\/articles\/bnm-opr-remains\",\"url\":\"https:\/\/www.imoney.my\/articles\/bnm-opr-remains\",\"name\":\"BNM Keeps OPR At 3.00%\",\"isPartOf\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/bnm-opr-remains#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/bnm-opr-remains#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/07175402\/4.jpg\",\"datePublished\":\"2023-07-07T09:54:41+00:00\",\"dateModified\":\"2023-07-07T09:54:41+00:00\",\"author\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6\"},\"description\":\"With BNM keeping the OPR at 3.00%, people can expect little to no change in fixed deposit rates and the price of borrowing money.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/bnm-opr-remains#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.imoney.my\/articles\/bnm-opr-remains\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/bnm-opr-remains#primaryimage\",\"url\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/07175402\/4.jpg\",\"contentUrl\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/07175402\/4.jpg\",\"width\":1200,\"height\":628},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.imoney.my\/articles\/bnm-opr-remains#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.imoney.my\/articles\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"News Updates\",\"item\":\"https:\/\/www.imoney.my\/articles\/category\/news-updates\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"BNM Keeps OPR At 3.00%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\",\"url\":\"https:\/\/www.imoney.my\/articles\/\",\"name\":\"iMoney Malaysia\",\"description\":\"Everything you need to know about improving your personal finances.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.imoney.my\/articles\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6\",\"name\":\"Jordan Low\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6511133f37ebe996d0f85c23225c28b6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6511133f37ebe996d0f85c23225c28b6?s=96&d=mm&r=g\",\"caption\":\"Jordan Low\"},\"description\":\"With a background in history and public relations, Jordan has ample experience in business and creative writing, especially in the field of SMEs and Human Resources.\",\"url\":\"https:\/\/www.imoney.my\/articles\/author\/jordan-low\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BNM Keeps OPR At 3.00%","description":"With BNM keeping the OPR at 3.00%, people can expect little to no change in fixed deposit rates and the price of borrowing money.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.imoney.my\/articles\/bnm-opr-remains","og_locale":"en_US","og_type":"article","og_title":"BNM Keeps OPR At 3.00%","og_description":"With BNM keeping the OPR at 3.00%, people can expect little to no change in fixed deposit rates and the price of borrowing money.","og_url":"https:\/\/www.imoney.my\/articles\/bnm-opr-remains","og_site_name":"iMoney Malaysia","article_published_time":"2023-07-07T09:54:41+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/07175402\/4.jpg","type":"image\/jpeg"}],"author":"Jordan Low","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jordan Low","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.imoney.my\/articles\/bnm-opr-remains","url":"https:\/\/www.imoney.my\/articles\/bnm-opr-remains","name":"BNM Keeps OPR At 3.00%","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/bnm-opr-remains#primaryimage"},"image":{"@id":"https:\/\/www.imoney.my\/articles\/bnm-opr-remains#primaryimage"},"thumbnailUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/07175402\/4.jpg","datePublished":"2023-07-07T09:54:41+00:00","dateModified":"2023-07-07T09:54:41+00:00","author":{"@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6"},"description":"With BNM keeping the OPR at 3.00%, people can expect little to no change in fixed deposit rates and the price of borrowing money.","breadcrumb":{"@id":"https:\/\/www.imoney.my\/articles\/bnm-opr-remains#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.imoney.my\/articles\/bnm-opr-remains"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/bnm-opr-remains#primaryimage","url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/07175402\/4.jpg","contentUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/07\/07175402\/4.jpg","width":1200,"height":628},{"@type":"BreadcrumbList","@id":"https:\/\/www.imoney.my\/articles\/bnm-opr-remains#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.imoney.my\/articles\/"},{"@type":"ListItem","position":2,"name":"News Updates","item":"https:\/\/www.imoney.my\/articles\/category\/news-updates"},{"@type":"ListItem","position":3,"name":"BNM Keeps OPR At 3.00%"}]},{"@type":"WebSite","@id":"https:\/\/www.imoney.my\/articles\/#website","url":"https:\/\/www.imoney.my\/articles\/","name":"iMoney Malaysia","description":"Everything you need to know about improving your personal finances.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.imoney.my\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6","name":"Jordan Low","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6511133f37ebe996d0f85c23225c28b6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6511133f37ebe996d0f85c23225c28b6?s=96&d=mm&r=g","caption":"Jordan Low"},"description":"With a background in history and public relations, Jordan has ample experience in business and creative writing, especially in the field of SMEs and Human Resources.","url":"https:\/\/www.imoney.my\/articles\/author\/jordan-low"}]}},"_links":{"self":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/56930"}],"collection":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/comments?post=56930"}],"version-history":[{"count":2,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/56930\/revisions"}],"predecessor-version":[{"id":56934,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/56930\/revisions\/56934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media\/56933"}],"wp:attachment":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media?parent=56930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/categories?post=56930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/tags?post=56930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}