Im sure many realised international rating has downgraded Malaysia, a sign is the RM is currently weakening against many currencies. This could be a sign that due to the rating drop some international investors may reduce exposure to their portfolio.
BNM may stabilize this by increasing the BLR to keep money outflow check and balance, this is a common move by regulators when a downgrade or money outflow is moving too fast.
V12 - Property prices discussion, For non "UUU" and "DDD" campers only...
Aug 19 2013, 12:05 AM
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