This year Bank Negara has cut rates 4 times, taking the OPR from 3% to 1.75%. This is the lowest level since 2004.



While the central bank has done this to help stimulate the economy, it’s also punishing savers as Fixed Deposit rates have also fallen.



As savers look for the best rates for their cash, one of the options that has come up is Stashway Simple.



Roshan speaks to Ken about their new cash management product, and also gets into the direct debit technical issue Stashaway faced earlier in the week, as well as their recent portfolio optimisation on the back of unprecedented monetary policy from the US Federal Reserve.

This year Bank Negara has cut rates 4 times, taking the OPR from 3% to 1.75%. This is the lowest level since 2004.

While the central bank has done this to help stimulate the economy, it&rsquo;s also punishing savers as Fixed Deposit rates have also fallen.

As savers look for the best rates for their cash, one of the options that has come up is Stashway Simple.

Roshan speaks to Ken about their new cash management product, and also gets into the direct debit technical issue Stashaway faced earlier in the week, as well as their recent portfolio optimisation on the back of unprecedented monetary policy from the US Federal Reserve.

Sharper and stronger than a double espresso. The Morning Run stretches your mind and braces you for the business day. It's your fast track into work where you can hit the ground running. From 6am to 10am weekdays, the Morning Run brings you the biggest stories and must-listen-to interviews. Stay enlightened, make educated business and investment decisions.

Ringgit and Sense

We explore financial themes and help you make sense of the world of finance. From setting financial goals, managing finances, investing and understanding the various issues that affect our wallets. Ringgit and Sense wants to help you understand personal risk profiles, realistic investment horizons, retirement planning, managing education loans and health insurance plans, as well as breaking down the various personal finance products that are available.

Advertisement