http://www.economicshelp.org/blog/economics/lowest-interest-rates-ever/ Economics Blog - current events and economics essays Mon, 22 Mar 2010 07:29:02 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.economicshelp.org/blog/economics/lowest-interest-rates-ever/comment-page-1/#comment-2177 Malaysian Economy Mon, 15 Dec 2008 15:36:52 +0000 http://www.economicshelp.org/blog/?p=1039#comment-2177 In November 2008, Bank Negara Malaysia (Central Bank of Malaysia) has cuts its Overnight Policy Rate (OPR) by 25 basis points to 3.25% from 3.50%. As result of that, many local banks on average have cut their BLR by 25 basic points to 6.50% from 6.75%, previously. These actions would promote Malaysian economic growth which technically is in recession. In November 2008, Bank Negara Malaysia (Central Bank of Malaysia) has cuts its Overnight Policy Rate (OPR) by 25 basis points to 3.25% from 3.50%. As result of that, many local banks on average have cut their BLR by 25 basic points to 6.50% from 6.75%, previously. These actions would promote Malaysian economic growth which technically is in recession.

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