A Personal Finance Blog for Malaysian: Interest rate on the move...

Monday, December 6, 2010

Interest rate on the move...

Thailand's central bank surprised financial markets on Wednesday (1st December 2010) by raising its benchmark interest rate by 25 basis points to 2% and said there would be further tightening to curb inflation, pushing up the baht.

Respond from BNM: Current OPR (and normalisation policy) stays.

If OPR up against early next year and BLR move up accordingly.... you can expect more properties available for auction in 6 months later...