Question to all the expertise here regarding forex fd. I would like to know about forex NZD. Is the currency now in its average benchmark price? I concern about this because i aware about the currency crash everywhere especially in Euro and US. Will it be wise for me to put my saving of about NZD600K now for long term of 60 months or less because if not mistaken i read many times in this thread about forex fd the shorter the time in FD the higher the risk losing in currency exchange right? How about will it be wise for me to have the interest annually/quartely convert to MYR for my monthly usage or better have it reinvest?
This post has been edited by bubbl3t3a: Aug 13 2010, 07:42 PM
FD rates in Malaysia, Which bank offer the highest FD rates?
Aug 13 2010, 07:36 PM
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