Malaysia rate bets fuel ringgit gains as sceptics point to polls
PM Najib may be reluctant to have the nation's first rate hike since 2014 occur before a poll
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Kuala Lumpur
INVESTORS taking a bet on the Malaysian ringgit need to first guess when Prime Minister Najib Razak will call a general election.
For bulls, Bank Negara Malaysia's hawkish tilt this month and higher crude prices for the net energy-exporting nation are reasons to be optimistic. Others, including National Australia Bank Ltd (NAB), say that the election may complicate the timing for a rate hike, damping a key driver for the ringgit.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
