Rate cuts in Malaysia unlikely despite SRR cut

The decision by Malaysia’s central bank (BNM) today to cuts its statutory reserve requirement (SRR) ratio is not a signal that interest rates cuts are on the way. Worries about currency weakness and high levels of foreign currency debt mean BNM’s main policy rate, which was left on hold at 3.25%, is likely to remain unchanged throughout 2016.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.