Khamis, Mac 04, 2010
OPR Naik..BLR/BFR Akan Menuruti Jejak..
Five of the 13 economists in a Reuters poll had expected a 25bps hike, following the central bank’s comments of having to “normalise” rates to avoid financial imbalances, with the majority only expecting a hike in May.
Bank Negara said prices would gradually increase during the year, reflecting the prevailing economic conditions and taking into account possible adjustments in administered prices.
“The stronger growth performance in the fourth quarter of 2009 affirms that the economic recovery is firmly established. Going forward, growth is expected to strengthen further, supported by domestic demand and continued improvement in external demand,” the central bank said in a statement. — Reuters