“BNM HAS NO ROOM TO CUT INTEREST RATE”
The Edge TV
2016-01-22
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OCBC Bank economist Selena Ling says Bank Negara has no room to cut interest rates as inflation has risen to 2.9% this year. She explains that the central bank’s move to bring down the statutory reserve requirement (SRR) ratio to 3.5% is aimed at boosting liquidity in the market.
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