Wednesday, 27 October 2021

Bank Negara : Bunga

is one of Altimet's best known songs taken from the 2018 released AIR album.

Nak duit, nak duit, dapat sekali bunga
Jatuh bulan kan ada riba
Nah duit, nah duit, sertakan bunga
Jangan sampai kena sita
Takde duit untuk bayar bunga
Sampai boleh naik gila
Rumah takde taman, masih ada bunga


Looking solely at the BERNAMA report, although the report itself is confusing, the fear is Bank Negara Malaysia is preparing the rakyat for an interest  rate hike next year.


A dip in  liquidity is the second earliest sign  that interest rates are going to rise over the next 6 months or so.

What is the first sign then? READ : Banking system deposit growth SLOWS.

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