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 is BLR going to rise or drop?, BLR

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mok thye yee
post Jan 11 2010, 09:35 PM

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Depend on external and internal factors.

Observe the CPI data released, and oso the trend of key interest rate for the rest of the world.

Aust and Norway oledi led the pack by increasing their key rate in 2009, both are highly efficient, resource rich, developed country. When more and more country increase the rate, esp US, Zeti need to follow or else ringgit will be deflated.........

and for CPI. now gula oledi up, roti oso, and i think all the roti canai, naan, roti ape ape oso will follow, crude oil oso steadily higher, electricity oso soon, so once the CPI start going up, BNM OPR need to increased.

We (the whole world) are at the lowest regime of key interest rate, the onli direction can move is up.

 

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