Bank Negara Malaysia
overnight policy rate, 2.75% since 9 July 2025.
as of 30 Oct 2026 · BIS daily levels · 39 decisions since 1998
Malaysia·MYR·all central banksLast
2.75%
9 July 2025
Previous
3.00%
3 May 2023
High since 1998
11.00%
6 February 1998
Low since 1998
1.75%
7 July 2020
Meetings a year
—
schedule not on file
Next decision
—
not published
Shaded: market rate used as a proxy, not a decision.
Every decision
Newest first; a shaded row marks a change of instrument.
| Date | Level | Change | Instrument |
|---|---|---|---|
| 2025-07-09 | 2.75% | −0.25% | overnight policy rate |
| 2023-05-03 | 3.00% | +0.25% | overnight policy rate |
| 2022-11-03 | 2.75% | +0.25% | overnight policy rate |
| 2022-09-08 | 2.50% | +0.25% | overnight policy rate |
| 2022-07-06 | 2.25% | +0.25% | overnight policy rate |
| 2022-05-11 | 2.00% | +0.25% | overnight policy rate |
| 2020-07-07 | 1.75% | −0.25% | overnight policy rate |
| 2020-05-05 | 2.00% | −0.50% | overnight policy rate |
| 2020-03-03 | 2.50% | −0.25% | overnight policy rate |
| 2020-01-22 | 2.75% | −0.25% | overnight policy rate |
| 2019-05-07 | 3.00% | −0.25% | overnight policy rate |
| 2018-01-25 | 3.25% | +0.25% | overnight policy rate |
| 2016-07-13 | 3.00% | −0.25% | overnight policy rate |
| 2014-07-10 | 3.25% | +0.25% | overnight policy rate |
| 2011-05-05 | 3.00% | +0.25% | overnight policy rate |
| 2010-07-08 | 2.75% | +0.25% | overnight policy rate |
| 2010-05-13 | 2.50% | +0.25% | overnight policy rate |
| 2010-03-04 | 2.25% | +0.25% | overnight policy rate |
| 2009-02-24 | 2.00% | −0.50% | overnight policy rate |
| 2009-01-21 | 2.50% | −0.75% | overnight policy rate |
| 2008-11-24 | 3.25% | −0.25% | overnight policy rate |
| 2006-04-26 | 3.50% | +0.25% | overnight policy rate |
| 2006-02-22 | 3.25% | +0.25% | overnight policy rate |
| 2005-11-30 | 3.00% | +0.30% | overnight policy rate |
| 2004-04-26 | 2.70% | — | overnight policy rate |
| 2004-04-26: Instrument switched from 3 month intervention rate to overnight policy rate, per BIS's own era text. | |||
| 2003-05-21 | 4.50% | −0.50% | 3 month intervention rate |
| 2001-09-20 | 5.00% | −0.50% | 3 month intervention rate |
| 1999-08-09 | 5.50% | −0.50% | 3 month intervention rate |
| 1999-05-03 | 6.00% | −0.50% | 3 month intervention rate |
| 1999-04-05 | 6.50% | −0.50% | 3 month intervention rate |
| 1998-11-09 | 7.00% | −0.50% | 3 month intervention rate |
| 1998-10-05 | 7.50% | −0.50% | 3 month intervention rate |
| 1998-09-03 | 8.00% | −1.50% | 3 month intervention rate |
| 1998-08-27 | 9.50% | −0.50% | 3 month intervention rate |
| 1998-08-10 | 10.00% | −0.50% | 3 month intervention rate |
| 1998-08-03 | 10.50% | −0.50% | 3 month intervention rate |
| 1998-02-06 | 11.00% | +1.00% | 3 month intervention rate |
| 1998-01-20 | 10.00% | +1.00% | 3 month intervention rate |
| 1998-01-09 | 9.00% | — | 3 month intervention rate |
| 1998-01-09: Instrument switched from 3 month interbank rate to 3 month intervention rate, per BIS's own era text. | |||
2025-07-092.75%
overnight policy rate−0.25%
2023-05-033.00%
overnight policy rate+0.25%
2022-11-032.75%
overnight policy rate+0.25%
2022-09-082.50%
overnight policy rate+0.25%
2022-07-062.25%
overnight policy rate+0.25%
2022-05-112.00%
overnight policy rate+0.25%
2020-07-071.75%
overnight policy rate−0.25%
2020-05-052.00%
overnight policy rate−0.50%
2020-03-032.50%
overnight policy rate−0.25%
2020-01-222.75%
overnight policy rate−0.25%
2019-05-073.00%
overnight policy rate−0.25%
2018-01-253.25%
overnight policy rate+0.25%
Market-rate spans
Eras where the level is a BIS-observed market rate rather than a decision, summarised at each era's daily extremes.
| Instrument | From | To | Observations | Min | Max |
|---|---|---|---|---|---|
| 3 month interbank rate | 1995-11-03 | 1997-12-31 | 365 | 6.69% | 11.00% |
3 month interbank rate
1995-11-03 to 1997-12-31 · 365 obs
6.69% – 11.00%
A market era is a traded rate BIS uses as a proxy for the policy stance, not a rate the bank itself set by decision.
Where these numbers come from
Derived entirely from BIS daily policy-rate levels (WS_CBPOL); every day the level differs from the prior day is a change day. Instrument eras parsed from the BIS COMPILATION field (3 era(s)).