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The decision of Bank Negara to maintain the Overnight Policy Rate at 3.5% resulted in the Ringgit Malaysia reacting in the worst possible manner.
The Ringgit today plunged to a 9-month low against the Singapore Dollar and 10-month low against the US greenback. Already hurt by the knock-on effect from the Dow Jones and the political [...]

The Star today announced that inflation has soared to a record high of 7.7% in 26 years! I guess a high inflation was partly expected due to the record hike in petrol prices and the subsequent increase of food prices. However, an inflation rate of that levels are pretty shocking, to say the least.
The authorities [...]