# Economist calls Bank Negara’s OPR cut a tactical move - Focus Malaysia

> 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.

- Date: 2020-01-23 · published 2020-01-23T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/55344-economist-calls-bank-negara-s-opr-cut-a-tactical-move-focus-malaysia
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Lower Malaysian rates are a macro factor that may weaken the ringgit slightly, with limited direct effect on feed commodity prices.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- focusmalaysia.my: https://focusmalaysia.my/economist-calls-bank-negaras-opr-cut-a-tactical-move/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.