# Malaysia: Will Bank Negara turn dovish?

> ING expects Bank Negara Malaysia to hold its overnight policy rate at 3.25 per cent at its July 11 meeting, the first under new governor Nor Shamsiah Mohd Yunus. ING doubts the central bank will adopt a dovish stance that could jeopardise the ringgit's status as a top-performing Asian currency.

- Date: 2018-07-10 · published 2018-07-10T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/64297-malaysia-will-bank-negara-turn-dovish
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A steady rate stance supports the ringgit, which keeps imported feed costs for Malaysian buyers more stable, though trade-driven growth risks could shift policy later.

## Read by commodity

- USDMYR: neutral

## Sources

- think.ing.com: https://think.ing.com/articles/malaysia-will-bank-negara-turn-dovish

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