Malaysia Interest Rate  2004-2016 | Data | Chart | Calendar | Forecast

The central bank of Malaysia left its overnight policy rate unchanged at 3.25 percent at its January 2016 meeting as widely expected but cut the reserve requirement ratio by 50 bps to 3.5 percent, aiming to increase liquidity. Interest Rate in Malaysia averaged 2.97 percent from 2004 until 2016, reaching an all time high of 3.50 percent in April of 2006 and a record low of 2 percent in February of 2009. Interest Rate in Malaysia is reported by the Central Bank of Malaysia.

Malaysia Interest Rate
Please Paste this Code in your Website

Actual Previous Highest Lowest Dates Unit Frequency
3.25 3.25 3.50 2.00 2004 - 2016 percent Daily
In Malaysia, the interest rate decisions are taken by The Central Bank of Malaysia (Bank Negara Malaysia). The official interest rate is the Overnight Policy Rate. This page provides - Malaysia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Interest Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-09-11 11:00 AM Interest Rate Decision 3.25% 3.25% 3.25% 3.25%
2015-11-05 10:00 AM Interest Rate Decision 3.25% 3.25% 3.25% 3.25%
2016-01-21 10:00 AM Interest Rate Decision 3.25% 3.25% 3.25% 3.25%
2016-03-09 10:00 AM Interest Rate Decision 3.25% 3.25%
2016-05-19 11:00 AM Interest Rate Decision 3.25%
2016-07-13 11:00 AM Interest Rate Decision 3.25%

Malaysia Leaves Key Rate at 3.25%, Cuts RRR


The central bank of Malaysia left its overnight policy rate unchanged at 3.25 percent at its January 2016 meeting as widely expected but cut the reserve requirement ratio by 50 bps to 3.5 percent, aiming to increase liquidity.

Policymakers have left the borrowing cost steady at 3.25 percent since September of 2014 as they consider current policy stance remains accommodative and supportive of economic activity but showed concerns over a weak ringgit and risks arising from global economic and financial environment. In a separate statement, the central bank lowered the reserve requirement ratio to 3.5 percent from 4 percent effective February 1st.

Excerpts from the statement by the Bank Negara Malaysia:

Going forward, while recent trends suggest a turnaround in exports, the contribution of the external sector to overall growth is expected to be modest. In this challenging environment, the economy is expected to experience more moderate growth in 2016, after expanding by about 5 percent in 2015. Downside risks to growth have increased following greater uncertainty on both the global and domestic fronts. In confronting this more difficult environment, the Malaysian economy will benefit from having diversified sources of growth, economic flexibility, low unemployment, manageable level of external debt, and a well-capitalised banking system and developed capital markets that provide continued access to financing.

Headline inflation averaged 2.1% in 2015 and is expected to be higher in 2016, given recent adjustments in administrative prices and the weaker ringgit exchange rate. The impact of these domestic cost factors on overall inflation is, however, expected to be mitigated by the continued low energy and commodity prices and the generally subdued global inflation. In terms of trajectory, headline inflation is anticipated to peak in the first quarter of 2016 and to moderate thereafter.

Recent external and domestic developments have continued to affect the ringgit exchange rate and domestic financial markets. The net external outflows have also led to a moderation in domestic liquidity. Bank Negara Malaysia’s monetary operations have ensured that there is sufficient liquidity to support the orderly functioning of the money and foreign exchange markets. The financial system remains sound with financial institutions operating with ample liquidity buffers. Consequently, the growth of financing to the private sector continues to be healthy.

At the current level of the OPR, the stance of monetary policy remains accommodative and supportive of economic activity. The MPC recognizes that there are heightened risks in the global economic and financial environment. These risks are being closely monitored to assess their implications on macroeconomic stability and the prospects of the Malaysian economy. This is to ensure that the monetary policy stance is consistent with the sustainability of the overall growth prospects.

Bank Negara Malaysia | Joana Taborda | joana.taborda@tradingeconomics.com
1/21/2016 10:23:29 AM

Malaysia Money Last Previous Highest Lowest Unit
Interest Rate 3.25 3.25 3.50 2.00 percent [+]
Interbank Rate 3.84 3.84 14.50 2.03 percent [+]
Money Supply M0 76869.07 75697.81 76869.07 1000.20 MYR Million [+]
Money Supply M1 360458.00 352323.41 360586.34 2032.50 MYR Million [+]
Money Supply M2 1589204.16 1577928.26 1589204.16 4122.30 MYR Million [+]
Money Supply M3 1595264.00 1584117.82 1595264.00 8313.40 MYR Million [+]
Foreign Exchange Reserves 95500.00 95300.00 155165.30 20234.20 USD Million [+]
Banks Balance Sheet 2304589.60 2290895.40 2375890.60 1022141.27 MYR Million [+]
Loans to Private Sector 1559398.45 1545798.98 1559398.45 289998.00 MYR Million [+]
Deposit Interest Rate 3.05 2.97 9.75 2.08 percent [+]
Cash Reserve Ratio 3.50 4.00 13.50 1.00 percent [+]
Central Bank Balance Sheet 440458.50 449642.80 506381.40 2220.90 MYR Million [+]




Last
Malawi 27.00 Jan/16
Ghana 26.00 Jan/16
Argentina 25.87 Jan/16
Belarus 25.00 Jan/16
Gambia 23.00 Feb/16
Ukraine 22.00 Jan/16
Venezuela 21.03 Dec/15
Iran 21.00 May/15
Haiti 20.00 Jan/16
Moldova 19.50 Jan/16
Kazakhstan 17.00 Feb/16
Uganda 17.00 Jan/16
Zambia 15.50 Feb/16
Sudan 15.10 Sep/15
Afghanistan 15.00 Jan/16
Yemen 15.00 Jan/16
Burundi 14.83 Oct/15
Brazil 14.25 Jan/16
Liberia 13.60 Jun/15
Djibouti 12.70 Dec/14
Seychelles 12.56 Dec/15
Suriname 12.28 Dec/14
Zimbabwe 12.20 Nov/15
Angola 12.00 Jan/16
Mongolia 12.00 Jan/16
Tanzania 12.00 Jul/15
Kenya 11.50 Jan/16
Guinea 11.00 Oct/15
Nigeria 11.00 Jan/16
Russia 11.00 Jan/16
Kyrgyzstan 10.00 Jan/16
Lebanon 10.00 Jan/16
Myanmar 10.00 Jan/16
Sao Tome and Principe 10.00 Jan/16
Mozambique 9.75 Jan/16
Sierra Leone 9.50 Jan/16
Egypt 9.25 Jan/16
Uruguay 9.25 Dec/15
Ecuador 9.15 Jan/16
Mauritania 9.00 Sep/15
Uzbekistan 9.00 Nov/15
Armenia 8.75 Jan/16
Madagascar 8.70 Dec/15
Georgia 8.00 Feb/16
Tajikistan 8.00 Jan/16
Cape Verde 7.50 Dec/15
Turkey 7.50 Jan/16
Indonesia 7.25 Jan/16
Maldives 7.00 Jan/16
Nepal 7.00 Jan/16
Bangladesh 6.75 Jan/16
India 6.75 Feb/16
South Africa 6.75 Jan/16
Namibia 6.50 Jan/16
Rwanda 6.50 Jan/16
Vietnam 6.50 Jan/16
Honduras 6.25 Jan/16
Lesotho 6.25 Sep/15
Papua New Guinea 6.25 Jan/16
Bhutan 6.00 Jan/16
Botswana 6.00 Jan/16
Colombia 6.00 Jan/16
Iraq 6.00 Jan/16
Pakistan 6.00 Jan/16
Paraguay 6.00 Feb/16
Sri Lanka 6.00 Jan/16
Iceland 5.75 Feb/16
Swaziland 5.75 Jan/16
Brunei 5.50 Jan/16
Jamaica 5.25 Jan/16
Bosnia and Herzegovina 5.07 Nov/15
Dominican Republic 5.00 Jan/16
Ethiopia 5.00 Sep/15
Guyana 5.00 Dec/15
Trinidad and Tobago 4.75 Jan/16
Bahamas 4.50 Dec/15
Laos 4.50 Jan/16
Qatar 4.50 Jan/16
Mauritius 4.40 Jan/16
China 4.35 Jan/16
El Salvador 4.33 Dec/15
Peru 4.25 Feb/16
Serbia 4.25 Feb/16
Tunisia 4.25 Jan/16
Algeria 4.00 Dec/15
Philippines 4.00 Feb/16
Jordan 3.75 Jan/16
Benin 3.50 Jan/16
Burkina Faso 3.50 Jan/16
Chile 3.50 Feb/16
Guinea Bissau 3.50 Jan/16
Ivory Coast 3.50 Jan/16
Mali 3.50 Jan/16
Niger 3.50 Jan/16
Senegal 3.50 Jan/16
Togo 3.50 Jan/16
Barbados 3.49 Jan/16
Macedonia 3.25 Dec/15
Malaysia 3.25 Jan/16
Mexico 3.25 Feb/16
Azerbaijan 3.00 Jan/16
Guatemala 3.00 Jan/16
Libya 3.00 Jan/16
Croatia 2.50 Jan/16
Morocco 2.50 Jan/16
New Zealand 2.50 Jan/16
Cameroon 2.45 Jan/16
Central African Republic 2.45 Jan/16
Chad 2.45 Jan/16
Equatorial Guinea 2.45 Jan/16
Gabon 2.45 Jan/16
Republic of the Congo 2.45 Jan/16
Belize 2.31 Dec/15
Cuba 2.25 Jan/16
Kuwait 2.25 Jan/16
Australia 2.00 Feb/16
Congo 2.00 Jan/16
Saudi Arabia 2.00 Jan/16
Bolivia 1.83 Dec/15
Albania 1.75 Feb/16
Costa Rica 1.75 Jan/16
Romania 1.75 Feb/16
Taiwan 1.62 Jan/16
Poland 1.50 Feb/16
South Korea 1.50 Jan/16
Thailand 1.50 Feb/16
Cambodia 1.42 Oct/15
Comoros 1.36 Nov/15
Hungary 1.35 Jan/16
United Arab Emirates 1.25 Jan/16
Oman 1.00 Jan/16
Bahrain 0.75 Jan/16
Hong Kong 0.75 Jan/16
Macau 0.75 Jan/16
Norway 0.75 Jan/16
Canada 0.50 Jan/16
Fiji 0.50 Jan/16
United Kingdom 0.50 Feb/16
United States 0.50 Jan/16
New Caledonia 0.30 Jan/16
Panama 0.21 Nov/15
Singapore 0.19 Jan/16
Israel 0.10 Jan/16
Austria 0.05 Jan/16
Belgium 0.05 Jan/16
Cyprus 0.05 Jan/16
Czech Republic 0.05 Feb/16
Estonia 0.05 Jan/16
Euro Area 0.05 Jan/16
Finland 0.05 Jan/16
France 0.05 Jan/16
Germany 0.05 Jan/16
Greece 0.05 Jan/16
Ireland 0.05 Jan/16
Italy 0.05 Jan/16
Latvia 0.05 Jan/16
Lithuania 0.05 Jan/16
Luxembourg 0.05 Jan/16
Malta 0.05 Jan/16
Netherlands 0.05 Jan/16
Portugal 0.05 Jan/16
Slovakia 0.05 Jan/16
Slovenia 0.05 Jan/16
Spain 0.05 Jan/16
Bulgaria 0.00 Feb/16
Japan -0.10 Jan/16
Sweden -0.50 Feb/16
Denmark -0.65 Jan/16
Switzerland -0.75 Jan/16