INTEREST RATE : BASE RATE (BR) REPLACING BASE LENDING RATE (BLR)

There are news that the Base Rate will replace the Base Lending Rate effective 2 Jan 2015 as stated in a press release by Bank Negara Malaysia. Below is the link to it.

http://www.bnm.gov.my/index.php?ch=en_press&pg=en_press_all&ac=2976