Select Year
OPR Decision and Statement | |||
|---|---|---|---|
| Date | Change in OPR (%) | New OPR Level (%) | Monetary Policy Statement |
| 09 Jul 2026 | 0 | 2.75 | View Statement |
| 07 May 2026 | 0 | 2.75 | View Statement |
| 05 Mar 2026 | 0 | 2.75 | View Statement |
| 22 Jan 2026 | 0 | 2.75 | View Statement |
| 06 Nov 2025 | 0 | 2.75 | View Statement |
| 04 Sep 2025 | 0 | 2.75 | View Statement |
| 09 Jul 2025 | -0.25 | 2.75 | View Statement |
| 08 May 2025 | 0 | 3.00 | View Statement |
| 06 Mar 2025 | 0 | 3.00 | View Statement |
| 22 Jan 2025 | 0 | 3.00 | View Statement |
| 06 Nov 2024 | 0 | 3.00 | View Statement |
| 05 Sep 2024 | 0 | 3.00 | View Statement |
| 11 Jul 2024 | 0 | 3.00 | View Statement |
| 09 May 2024 | 0 | 3.00 | View Statement |
| 07 Mar 2024 | 0 | 3.00 | View Statement |
| 24 Jan 2024 | 0 | 3.00 | View Statement |
| 02 Nov 2023 | 0 | 3.00 | View Statement |
| 07 Sep 2023 | 0 | 3.00 | View Statement |
| 06 Jul 2023 | 0 | 3.00 | View Statement |
| 03 May 2023 | +0.25 | 3.00 | View Statement |
| 09 Mar 2023 | 0 | 2.75 | View Statement |
| 19 Jan 2023 | 0 | 2.75 | View Statement |
| 03 Nov 2022 | +0.25 | 2.75 | View Statement |
| 08 Sep 2022 | +0.25 | 2.50 | View Statement |
| 06 Jul 2022 | +0.25 | 2.25 | View Statement |
| 11 May 2022 | +0.25 | 2.00 | View Statement |
| 03 Mar 2022 | 0 | 1.75 | View Statement |
| 20 Jan 2022 | 0 | 1.75 | View Statement |
| 03 Nov 2021 | 0 | 1.75 | View Statement |
| 09 Sep 2021 | 0 | 1.75 | View Statement |
| 20 Jan 2021 | 0 | 1.75 | View Statement |
| 10 Sep 2020 | 0 | 1.75 | View Statement |
| 07 Jul 2020 | -0.25 | 1.75 | View Statement |
| 05 May 2020 | -0.5 | 2.00 | View Statement |
| 05 May 2011 | +0.25 | 3.00 | View Statement |
| 11 Mar 2011 | 0 | 2.75 | View Statement |
| 27 Jan 2011 | 0 | 2.75 | View Statement |
| 04 Mar 2010 | +0.25 | 2.25 | View Statement |
| 24 Nov 2008 | -0.25 | 3.25 | View Statement |
| 28 Feb 2005 | 0 | 2.70 | View Statement |
| 30 Nov 2004 | 0 | 2.70 | View Statement |
| 25 Aug 2004 | 0 | 2.70 | View Statement |
| 26 May 2004 | 0 | 2.70 | View Statement |
Note:
1)
Beginning July 2016, the Monetary Policy Statement (MPS) will be released at 3:00 p.m. on the same day as the Monetary Policy Committee (MPC) Meeting. Previously, MPS was released at 6.00 p.m. on the same day as the MPC Meeting.
2)
MPC members observe a communication blackout period that begins 10 calendar days prior to the release day of the monetary policy decision. This blackout period ends when the Monetary Policy Statement is published. This practice is intended to avoid unintendedly influencing market expectations on the MPC's upcoming monetary policy decision.
During this period, MPC members refrain from any form of communication with the media and other parties (such as analysts and financial market participants) on anything that could be considered relevant to the economic outlook and the monetary policy decision. Other BNM officials are also expected to adhere to this.
