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Bank Negara Malaysia has again maintained its Overnight Policy Rate (OPR) at 3.5%. This was maintained despite mounting pressure by economists to increase the interest rates in a time of soaring inflation. Inflation recorded in July 2008 is the highest in 26 years at 8.5% and is expected to continue to soar to [...]

Good news for all!
Bank Negara has decided not to increase its overnight policy rates after its monetary policy meeting last Friday. I was waiting to see the outcome of this meeeting with bated breath as it would be a likely indicator for the Base Lending Rate (BRL).
It appears that Bank Negara is taking a different [...]

It seems like the BLR (Base Lending Rate) is likely to increase after Bank Negara Malaysia holds its monetary policy meeting to decide its overnight policy rate. The overnight policy rate indicates the overall monetary policy and acts as a target rate for the Central Bank’s day to day liquidity operations.
Several banks have already hinted [...]

Saving on little everyday things is a good smart money tip. However, what should you do with all the savings you have made? A smart money user will learn to invest it wisely to ensure that their savings continue to grow and is not eroded by inflation.
There are many means of investing money, depending on [...]