Overnight Policy Rate (OPR) unchanged at 2.00 percent after Bank Negara Malaysia Monetary Policy Committee (MPC) meeting on 28 October 2009. The OPR was reduced to 2.00 percent in February 2009.
The reasons given are,
- The international economic and financial conditions have improved further
- The domestic economy showed stronger evidence that suggests conditions are improving and a recovery in economic activity is gaining some strength
The statement also mentioned that in September, the consumer prices declined at a slower rate and inflation in 2010 is projected to be positive but remain subdued.
With the maintaining of the OPR at 2 percent, there should be no changes on the base lending rate (BLR) or the deposit rate.
The next Monetary Policy Committee (MPC) meeting is on 24 November 2009 (Tuesday) and the November meeting will be the last meeting for the year 2009.
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Related Information:
Malaysia Over Night Policy (OPR) Further Reduce to 2 Percent
Malaysia Overnight Policy Rate (OPR) Being Reduced to 2.50 percent
Malaysia Overnight Policy Rate Downs to 3.25 Percent
2009 Bank Negara Malaysia Monetary Policy Committee Meetings Schedule
Malaysia September 2009 Consumer Price Index
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Amanah Saham 1Malaysia (AS 1Malaysia) Open for Sale
Sales Period : 4 September 2009 onward no maximum limit.
Fund Size : 10 billion units
50% - Bumiputras, taken up 3%, balance 4.85 billion units
30% - Chinese, taken up 85%, balance 450 million units
15% - Indians, taken up 21%, balance 1.185 billion units
5% - Other Minorities
Sales Update : 3.06 billion units have been subscribed by 235,288 investors, 24 December 2009
Agents : ASNB Office*, CIMB, Maybank, RHB and Pos Malaysia
*Investment in cash and bank draft can be made at all ASNB offices except Butterworth, Sandakan, Tawau, Miri, Sibu and Sri Aman, which only accept bank draft.
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Organizer : RHB
Telephone :03-92051300
Email : RHB
Review of the electricity tariff
Amanah Saham 1Malaysia (AS 1Malaysia) Open for Sale
Sales Period : 4 September 2009 onward no maximum limit.
Fund Size : 10 billion units
50% - Bumiputras, taken up 3%, balance 4.85 billion units
30% - Chinese, taken up 85%, balance 450 million units
15% - Indians, taken up 21%, balance 1.185 billion units
5% - Other Minorities
Sales Update : 3.06 billion units have been subscribed by 235,288 investors, 24 December 2009
Agents : ASNB Office*, CIMB, Maybank, RHB and Pos Malaysia
*Investment in cash and bank draft can be made at all ASNB offices except Butterworth, Sandakan, Tawau, Miri, Sibu and Sri Aman, which only accept bank draft.
Amanah Saham 1Malaysia Dividend Benchmark
JANUARY 2010
Bursa Chat 2010
Date : 9 January 2010
Time : 9.30am - 1pm
Venue : Sunway Hotels and Resorts, Seberang Prai
Organizer : Jupiter
Telephone :03-20269691
Email : Jupiter
Date : 9 January 2010
Time : 8.30am - 12.30pm
Venue : SC, Kuala Lumpur
Organizer : Maybank IB
Telephone :03-22846584
Email : Maybank IB
Date : 9 January 2010
Time : 8am - 1pm
Venue : Crowne Plaza, Kuala Lumpur
Organizer : MIMB
Telephone :03-26945648
Email : MIMB
Date : 9 January 2010
Time : 8.30am - 1.30pm
Venue : RHB Centre, Kuala Lumpur
Organizer : RHB
Telephone :03-92051300
Email : RHB
Review of the electricity tariff
Custom Search
is FD including in the "deposit rate" as u mentioned above?
thanks in advance for the reply
yes it refers to the general FD as well. Except if there is any special promotion FD from the banks.
The observation is that the rate will follow the trend of the OPR.
Hope this help.
ouh.. thanks for the info
ur website help me a lot in understanding financial practise in m'sia