The Central Bank of Malaysia kept its key interest rate unchanged at 2.75% during its April 2026 policy meeting, in line with market expectations. The Board said the current policy stance remains appropriate and consistent with the outlook for continued price stability and sustainable economic growth. The annual inflation rate rose to 1.7% in March 2026 from 1.4% in February, marking the highest reading since January 2025. During the Q1 2026, headline inflation averaged 1.6%, while core inflation stood at 2.1%. The central bank noted that rising global commodity prices, driven largely by geopolitical tensions in the Middle East, are expected to increase domestic cost pressures. Meanwhile, the economy expanded 5.3% year-on-year in Q1 2026, slowing from 6.3% in the previous quarter. Finally, the Board stated that it will remain vigilant regarding global and domestic developments and continue assessing the balance of risks surrounding Malaysia’s inflation and growth trajectory. source: Central Bank of Malaysia
The benchmark interest rate in Malaysia was last recorded at 2.75 percent. Interest Rate in Malaysia averaged 2.86 percent from 2004 until 2026, reaching an all time high of 3.50 percent in April of 2006 and a record low of 1.75 percent in July of 2020. This page provides - Malaysia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malaysia Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.
The benchmark interest rate in Malaysia was last recorded at 2.75 percent. Interest Rate in Malaysia is expected to be 2.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Interest Rate is projected to trend around 2.50 percent in 2027, according to our econometric models.