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 Fixed Deposit Rates in Malaysia V7, Please Read Post# 1 & 2

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imoloq
post Nov 25 2014, 02:20 PM

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guys. im new here.

just a little confused. why would people put fixed deposit in Singapore when the rates are around 1%+ compared to Malaysia's 3%+?

why dont they convert to MYR and put as fixed deposit here? am i missing something here?

thanks in advance guys.
imoloq
post Nov 25 2014, 03:02 PM

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QUOTE(bearbear @ Nov 25 2014, 03:00 PM)
They prefer SGD than MYR, in long term which currency between the two has better prospect?
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Of course SGD. so it is just the currency issue right?

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