31. In the cash market, the interbank rates remained firm amid a tight liquidity situation in the system. 32. Indonesia has been rocked by a sharp depreciation of the rupiah against the American dollar, lack of confidence in the government and tight liquidity in the market. 33. It is believed that the export-orientated factories have a much better chance to strengthen our ringgit and resolve some of the tight liquidity problems. 34. It says that in its efforts to rescue financial institutions, the FIDF did not distinguish between troubles due to tight liquidity and those caused by poor performance. 35. It went on to say that despite the availability of unencumbered assets to raise funds, its ability to refinance is weakened under the current tight liquidity scenario. 36. Its prospective earnings may remain under pressure in the light of the present tight liquidity and high interest rates which have suppressed loans growth and dampened corpporate advisory activities. 37. Last week, Ting said the ministry will set up a committee to monitor financial difficulties faced by house developers and house buyers due to the current tight liquidity. 38. Like everyone else announcing their results, it said performance had been affected by the tight liquidity and financial turmoil. 39. Many players expect interbank rates to surge this week due to the tight liquidity in the system. 40. Mayban Securities said the main players will be the local fund managers who will find it difficult to push the KLCI to higher ground due to the tight liquidity. |