Tomorrow our Klse will charge like crazy. [KUALA LUMPUR] Malaysia's central bank said on Thursday it will cut the statutory reserve requirement (SRR) ratio to 3.5 per cent from 4 per cent from Feb 1. A Gray hosei liaw.
Bank Negara Malaysia announced a reduction in the Statutory Reserve Requirement (SRR) of banking institutions. With effect from 1 July 1998, the SRR of commercial banks, finance companies and merchant banks will be reduced by two percentage points from 10% to 8% of their eligible liabilities.
The measure aims to further reduce the cost of funds to banking institutions and improve the efficiency of the intermediation process in providing financing to productive economic activities. The lower funding cost would enable institutions to lower their lending rates. A two percentage points reduction in SRR would reduce the base lending rate (BLR) of the commercial banks by 0.21% and that of finance companies by 0.27%. While the reduction in SRR from 10% to 8% would release about RM8 billion of funds to the banking institutions, the liquidity in the interbank market will be closely monitored and the 3-month Bank Negara Malaysia intervention rate will continue to remain unchanged
supergeng, china50-c9 i wait long long even i already can made profit by that time but still kept and ended up i lose 95% of my funds. from 0.135 -> sold @ 0.010. nibiru betui betui gila...
Yesterday you guys must have noticed KLCI touched sharp at 1600. This hints how market maker decides the game, they could even computerize to meet the points they needed.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cashflow
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Posted by cashflow > 2016-01-21 12:29 | Report Abuse
Dow futures heading negative territory