# Malaysia's BNM Holds OPR at 3.00% as Resilient Growth Offsets Price Risks

> Bank Negara Malaysia kept its overnight policy rate at 3.00%, citing resilient domestic growth and describing the existing stance as appropriate amid external uncertainties. The widely anticipated decision left the rate unchanged, with traders focused on the accompanying guidance and external influences on the ringgit and local rates.

- Date: 2026-11-09 · published 2026-11-09T15:11:40.008Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/89705-malaysia-s-bnm-holds-opr-at-3-00-as-resilient-growth-offsets-price-risks
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The rate hold may limit near-term policy-driven moves in the ringgit, while currency changes can affect Malaysia’s export competitiveness and imported input costs. No direct commodity supply or demand change is reported.

## Read by commodity

- USDMYR: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-04-23 | [Malaysia rate cut bets mount as tariff shock dims growth outlook - Yahoo News Singapore](https://feedsoft.ai/events/25387-malaysia-rate-cut-bets-mount-as-tariff-shock-dims-growth-outlook-yahoo-news.md) | +0.3% | -2.7% |
| PALMOIL | 2018-08-20 | [Ringgit remains resilient and debt manageable, says BNM](https://feedsoft.ai/events/63774-ringgit-remains-resilient-and-debt-manageable-says-bnm.md) | -0.2% | -0.6% |
| PALMOIL | 2017-06-30 | [Continued non-resident inflow leads to Ringgit's appreciation: BNM - The Malaysian Reserve](https://feedsoft.ai/events/70758-continued-non-resident-inflow-leads-to-ringgit-s-appreciation-bnm-the-malaysian.md) | +2.7% | +4.0% |
| PALMOIL | 2024-01-30 | [State Street says Malaysian ringgit at risk of hitting new low](https://feedsoft.ai/events/32374-state-street-says-malaysian-ringgit-at-risk-of-hitting-new-low.md) | -3.0% | -1.0% |
| PALMOIL | 2022-11-25 | [MYR/USD: Malaysia Ringgit Rises to 3-Month High After New PM Appointment - Bloomberg](https://feedsoft.ai/events/38929-myr-usd-malaysia-ringgit-rises-to-3-month-high-after-new-pm-appointment.md) | +3.4% | -0.7% |

## Sources

- vnixacademy.com: https://vnixacademy.com/news/malaysia-s-central-bank-holds-rate-steady-cites-resilient-gr-19vej3i

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.