Thursday, March 04, 2010

Bank Negara Ups OPR By 25 BPs

Bank Negara said:
GDP Growth Will Strengthen Further
Monetary Policy Remains Accomodative
Inflation To Remain Moderate
Consumer Prices Will Rise Gradually In 2010
Rate Hike To Curb Financial Imbalances

So i think BLR also will increase 25 basis points to about 5.78 percent from average 5.53 percent currently.

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