hi guys,

how about foregin currency FD rates then ? how does this work ? i checked public bank / stan chart seems to be the highest currently

and with the rate on AUD n NZD seems to be the best around, 7% and 8% respectively

1 question, if i were to invest into the foregin currency NZD 10k , and the interest rate is 8%; is this 8% returns in NZD or MYR ?

thanks

for AUD n NZD

ya the 7 n 8 % are coming off from standard chartered foregin currency fd if I m not mistaken, best part is...it says 1wk - 12 months duration, you choose.

public bank offering 5.3% and 7% if also not mistaken.....i am just wondering if the interest rate is in AUD or NZD instead of MYR ? that would be certainly best as compared to the current MY banks or even PNB issed AS? funds

ah....then forex FD is defintely better in this sense....its a few times more compared to local FD !!

thanks guys, i think currently AUD forex FD is worth investing, if not mistaken time deposit has highest 7.2% !!