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 Stock Market V18, Stock Market Chit Chat

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Neo18
post Nov 21 2008, 05:18 PM

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May i know, if Bank Negara cut interest rate, what will the most likely impact ?

I assume, Share prices will rise
Ringgit will weak.

(learning from what happen to US for the past few months)
Neo18
post Nov 21 2008, 05:51 PM

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QUOTE(cherroy @ Nov 21 2008, 05:40 PM)
Nothing, external factor is driving the stock market currently. Not local event.

Ringgit is actually at neutral overall and strong compared to like AUD, GBP, KRW etc. It dropped against Yen, and USD (safe heaven), while against othere, mostly not much different.
*
if they cut intest rate, will BLR be reduced to 6%?

what they cut is the interbank intrest rate right? what are the implication on BLR?


Neo18
post Nov 24 2008, 09:54 PM

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what is BLR expect to be after this announcement? 6.25? or 6.5?
Neo18
post Nov 25 2008, 04:14 PM

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Guys,

Heard that BLR will come down from 6.75 to 6.5%
and 1 year FD will reduce from 3.75 to 3.5%

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