Wednesday 23 November 2016

Asia's worst currency slump takes Malaysian rate cut off table




Asia's most noticeably awful performing cash since Donald Trump's astound US race triumph is putting a Malaysian loan fee cut beyond anyone's ability to see until further notice.

Subsequent to amazing the market with a decrease in July, financial specialists reviewed by Bloomberg in the days paving the way to the US vote had conjecture another cut for this present year. Trump's win and the following US dollar rally have cleared those wagers away, with each of the 19 financial specialists surveyed in a crisp review foreseeing Bank Negara Malaysia will hold the overnight approach rate at 3% on Wednesday.


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