Malaysians will be hit twice - and hard on both counts - by the government's decision to
increase
the petrol price by 30 sen with effect from today.
This is expected to take inflation and interest rates to a new high - and the worst affected will be low-income earners.
As traders are expected to react immediately by raising the prices of goods and services, few would be surprise if Bank Negara further increases its overnight policy rates (OPR).
This is expected to take inflation and interest rates to a new high - and the worst affected will be low-income earners.
As traders are expected to react immediately by raising the prices of goods and services, few would be surprise if Bank Negara further increases its overnight policy rates (OPR).