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Bank Negara Malaysia cut its overnight policy rate on January 22, a move an economist called tactical to sustain growth. Only two of 26 economists polled by Bloomberg had expected the cut.
Lower Malaysian rates are a macro factor that may weaken the ringgit slightly, with limited direct effect on feed commodity prices.
focusmalaysia.myBernamaJan 23, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
