Wednesday, November 19, 2008

Breaking News-RTRS-POLL-Higher risk of Malaysia c.bank rate cut Monday

KUALA LUMPUR, Nov 19 (Reuters) - Malaysia's central bank
could cut its benchmark interest rate for the first time in five
years as soon as next Monday, a Reuters poll shows, although a
slight majority of analysts believe the central bank will wait.
Six of 11 analysts polled by Reuters expect Bank Negara
Malaysia to leave its overnight policy rate unchanged at 3.50
percent when it reviews policy on Monday.
Five said they expected the central bank to cut the rate by
25 basis points.