The Million Dollar Question

With the change of Prime Minister and government, how will foreign investors react to this news? Vishnu Varathan, Head of Economics & Strategy, at Mizuho Bank explains that its early days yet while the recent correction on the Ringgit and markets was a combination of both uncertainty which investors dislike and the impact of the Covid 19. We also asked whether Bank Negara Malaysia was likely to cut the overnight policy rate which he says remains uncertain at this juncture as the regulators would want to wait to see if the stimulus package would be effective to counter any effects of a slowdown.