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 Fixed Deposit Rates in Malaysia V6.1, Please Read Post #1

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davinz18
post Jul 8 2014, 10:10 PM

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If BNM do maintain OPR, then we can expect some "minor crash" for KLCI & also Forex thingy

p/s: we all know Governor zeti decision mostly unexpected one notworthy.gif
wil-i-am
post Jul 8 2014, 10:13 PM

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Auto players is targeting Ramadan month to increase sales of new vehicle
Any increase in OPR will dampen overall TIV
davinz18
post Jul 8 2014, 10:17 PM

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but weeks b4 puasa started already got Auto "sales". It's mostly those recon luxury cars. Everyday can see newspaper in classified section nod.gif

got also new cars

This post has been edited by davinz18: Jul 8 2014, 10:18 PM
munkeyflo
post Jul 9 2014, 03:57 PM

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UOB interbank GIRO max per transaction is 500k, no limit on number of transactions per day. They charge me RM1 to GIRO.

Different bank different rules I guess.


BboyDora
post Jul 9 2014, 04:24 PM

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QUOTE(munkeyflo @ Jul 9 2014, 03:57 PM)
UOB interbank GIRO max per transaction is 500k, no limit on number of transactions per day. They charge me RM1 to GIRO.

Different bank different rules I guess.
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Normal bank 10 cents.
Maybe the large service amount available
BboyDora
post Jul 9 2014, 04:25 PM

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QUOTE(MGM @ Jul 8 2014, 07:40 PM)
Money market and stock market will sneeze then.
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So should v buy USD now?
sms2u
post Jul 9 2014, 04:39 PM

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QUOTE(munkeyflo @ Jul 8 2014, 12:26 PM)
Yup. Any current or saving accounts will do. Unless their T&C says otherwise.
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CASA and FD must be same account holder
munkeyflo
post Jul 9 2014, 04:40 PM

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QUOTE(BboyDora @ Jul 9 2014, 04:24 PM)
Normal bank 10 cents. 
Maybe the large service amount available
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I thought that was for internet banking also. OTC also the same 10 cents?
wil-i-am
post Jul 9 2014, 04:51 PM

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Bank Negara Malaysia may not decide to hike interest rates on Thursday as there may not be a 'compelling enough' reason to do so, said Kenanga's economist Wan Suhaimie on Wednesday.
"There is not much froth in the market yet and an increase may be premature at this time. An increase of about 25 basis points the market is expecting may not be very impactful as well," he said.

Expectations of a rate hike have been building up since May after Bank Negara said in a statement that financial imbalances remained a concern.

Of the 19 economists polled by Bloomberg, 14 expect the central bank to raise the OPR by 25 bps to 3.25% on Thursday.

bbgoat
post Jul 9 2014, 04:54 PM

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QUOTE(wil-i-am @ Jul 9 2014, 04:51 PM)
Bank Negara Malaysia may not decide to hike interest rates on Thursday as there may not be a 'compelling enough' reason to do so, said Kenanga's economist Wan Suhaimie on Wednesday.
"There is not much froth in the market yet and an increase may be premature at this time. An increase of about 25 basis points the market is expecting may not be very impactful as well," he said.

Expectations of a rate hike have been building up since May after Bank Negara said in a statement that financial imbalances remained a concern.

Of the 19 economists polled by Bloomberg, 14 expect the central bank to raise the OPR by 25 bps to 3.25% on Thursday.
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Yes, guessing game by all concerned. One more day to go ..................... smile.gif
wil-i-am
post Jul 9 2014, 05:25 PM

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Y interest rates should not b raise yet
http://www.kinibiz.com/story/tigertalk/946...mpaign=mkinicom
aeiou228
post Jul 9 2014, 05:30 PM

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QUOTE(munkeyflo @ Jul 9 2014, 04:40 PM)
I thought that was for internet banking also. OTC also the same 10 cents?
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IBG via internet is 10sen.
IBG via OTC is Rm1 to RM2 vary from bank to bank.
bbgoat
post Jul 9 2014, 05:36 PM

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QUOTE(wil-i-am @ Jul 9 2014, 05:25 PM)
Some will be happy, some will be sad ..................
SUSlowya
post Jul 10 2014, 08:32 AM

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QUOTE(bbgoat @ Jul 8 2014, 09:08 AM)
2 more days to D Day ...............................

Some will be happy,  biggrin.gif  while some will be sad  sad.gif .................
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Today's the D Day you have been waiting for, so whats the deal for you?
guy3288
post Jul 10 2014, 08:43 AM

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QUOTE(lowya @ Jul 10 2014, 08:32 AM)
Today's the D Day you have been waiting for, so whats the deal for you?
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Going to withdraw fr BR today, i wont wait, just go for the 4.7% at mbsb.
bbgoat
post Jul 10 2014, 08:44 AM

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QUOTE(lowya @ Jul 10 2014, 08:32 AM)
Today's the D Day you have been waiting for, so whats the deal for you?
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Well, sit & wait. Either way is OK with me, of course would be happy with the increase.

After the increase would have to wait and see banks response. FD still have not matured yet. smile.gif
bbgoat
post Jul 10 2014, 08:58 AM

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QUOTE(guy3288 @ Jul 10 2014, 08:43 AM)
Going to withdraw fr BR today, i wont wait, just go for the 4.7% at mbsb.
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Is that rate "Exclusive 5" of MBSB ? Only for retail customer ?
Human Nature
post Jul 10 2014, 10:13 AM

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Read from the other thread that MBSB, CIMB n RHB may merged. I wonder whether the RHB promo (and CC benefits) will be affected too.
bbgoat
post Jul 10 2014, 10:23 AM

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QUOTE(Human Nature @ Jul 10 2014, 10:13 AM)
Read from the other thread that MBSB, CIMB n RHB may merged. I wonder whether the RHB promo (and CC benefits) will be affected too.
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That will be interesting:

http://www.themalaysianinsider.com/malaysi...ecome-malaysias
esy
post Jul 10 2014, 10:45 AM

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... less player less competition -- fix deposit rates included, but I am quite sure there is more to it than that ... it does make me wonder why banks are making promotion for rates, rather being straight forward and apply it to the board rates ... smile.gif ....

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