OPR maintained only until end of this year. let's see where it goes after that.

sorry newbie here.

what is OPR and how does it affect?

overnight policy rate

basically this is what determines the base lending rate in malaysia

http://en.wikipedia.org/wiki/Overnight_policy_rate

http://www.bnm.gov.my/index.php?ch=en_pres...ess_all&ac=2873

This post has been edited by lucifah: Sep 5 2013, 08:00 PM

why you said like that? Next year the economy getting worse than now?

not me who say. BNM says mainatined until year end. i guess have something to do with UMNO AGM end of this year...?

oic

One thing I realize, UMNO AGM very2 important. What that said there may become as a benchmark for future policy of the country (not all are follow, maybe part of it). This year one must closely watch & analyzed it

It all really depends on how the US-Fed proceed with its tapering program. They have an important jobs-report data coming out later today which may signal the end of QE.

I believe BNM decided to maintain its OPR rate as inflation is still under control (somewhat) despite the recent fuel price hike and the current rates are "accommodative" to domestic consumption and businesses. Add to that the flight to safety of foreign funds back to US when the US-Fed bond buying tapering starts, I guess our "super-woman" Tan Sri Zeti and the committee believes that holding the rates steady would suffice for now.

I don't believe it has anything to do with UMNO's AGM, it's a non-event as far as macro-economics are concerned

No luck today. Failed to get any asw2020 units

Where u try to top up?

US & it's economic programs always have impact on the world. We're too dependent to US

Our BNM always very unique, always don't follow others countries Central Bank. I really respect to our BNM Governor, always use "unconventional" ways of managing the direction of the economy

PosMalaysia & CIMB bank, No luck (even rm50 don't have)

U have ASM n AS1M?

She's highly rated by the world. Recently she was awarded the grade/rating of "A" which isn't the first time. I'm more worried about who would be her successor than UMNO's AGM hehehehhe

Dun worry
There are hidden talents within BNM

yup.

why? anything wrong?

Are you sure? The way I look, Got "normal" talent only. Nothing much to offer

I certainly hope so. Brilliant ppl like here normally only comes once every generation. Finding a replacement as good would be tough

Nope
If ASW2020 is unsuccessful, Y dun u try ASM n AS1M also

ASM already gone case. why? because the staff "advice" me it's very hard to get because VERY2 FEW people withdraw & own it unlike ASW2020 & AS1M

AS1M also already sold-out

This post has been edited by davinz18: Sep 6 2013, 02:27 PM

M confident they alredy have succession planning in place