0 per cent yesterday, was due to external factors that have dampened global trade and investments, said research houses of banks.
Affin Hwang Investment Bank Bhd also concurred with the sentiment as prolonged external conflicts had dragged down Malaysia’s gross domestic product in the first quarter of this year with global demand slowing. Meanwhile, RHB bank in its economic view today said besides unresolved trade tensions which had dampen the global economy, heightened policy uncertainty could lead to sharp financial market adjustments, further weighing on overall outlook.
It’s *due, not die...kindly proof read before publishing.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ringgit opens lower ahead of OPR announcement | Malay MailKUALA LUMPUR, May 6 — The ringgit extended Friday’s downtrend to open lower against the US dollar this morning as most traders stayed on the sidelines for an announcement on the overnight policy rate (OPR) by Bank Negara Malaysia (BNM) tomorrow. At 9am, the ringgit was...
Source: malaymail - 🏆 1. / 86 Read more »
Report: Banks raising interest rates while BNM still holding OPR steady | Malay MailKUALA LUMPUR, May 6 — Several financial institutions have increased their base rate (BR) ahead of Bank Negara Malaysia’s review of the overnight policy rate (OPR) next month, according to industry sources. Higher interest results directly in more expensive loan installments for any borrowings...
Source: malaymail - 🏆 1. / 86 Read more »
Bank Islam sees opportunities in OPR cut | Malay MailKUALA LUMPUR, May 2 — Bank Islam Malaysia Bhd sees more business opportunities coming to its consumer banking business with a possible cut in the overnight policy rate (OPR) by Bank Negara Malaysia (BNM). Chief executive officer Mohd Muazzam Mohamed said any reduction in the OPR would be good for...
Source: malaymail - 🏆 1. / 86 Read more »
Ringgit dibuka rendah berikutan jangkaan penurunan OPRPada 9 pagi ringgit disebut harga pada paras 4.135/140 berbanding dolar AS daripada 4.132/137 semasa ditutup pada Rabu.
Source: fmtoday - 🏆 5. / 72 Read more »
Ringgit opens lower on possible OPR cuts next week | Malay MailKUALA LUMPUR, May 3 — The local note, ringgit opens lower today as investors stay on the sidelines, waiting for the overnight policy rate (OPR) announcement by Bank Negara Malaysia (BNM) on May 7. At 9am, the ringgit was lower at 4.1400/1430 compared with 4.1355/1385 at yesterday’s close. A...
Source: malaymail - 🏆 1. / 86 Read more »
BNM turunkan OPR 25 mata kepada 3%Pasaran kewangan domestik kekal berdaya tahan, walaupun tempoh turun naik, terutama disebabkan oleh perkembangan global.
Source: fmtoday - 🏆 5. / 72 Read more »