Jun 13 2012, 02:23 PM
QUOTE(cherroy @ Jun 13 2012, 02:16 PM)
OPR is decided by BNM, not gov.
Also with Euro debt crisis, worldwide economy generally slowing down across, inflation pressure temporarily is not serious, there is little need or urgency for BNM to increase OPR, unless inflation pressure comes back again.
At 3%, Malaysia is one of highest interest rate worldwide across, even Australia, a country previous famous for high interest rate, now only 3.5%.
OPR is about BNM decision which is based on economy needs and condition.
Yalor...what Malaysia lending rate so high, if compare to another coutry...??Also with Euro debt crisis, worldwide economy generally slowing down across, inflation pressure temporarily is not serious, there is little need or urgency for BNM to increase OPR, unless inflation pressure comes back again.
At 3%, Malaysia is one of highest interest rate worldwide across, even Australia, a country previous famous for high interest rate, now only 3.5%.
OPR is about BNM decision which is based on economy needs and condition.
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