To ALL:
We are now in a similar position to that in 2008/2009 where we had a slow-down.
In mid 2008, banks were still offering FD about 4% interest rate (like what we have now). USD/MYR went above 3.5 (same thing now) and petrol went below USD60/barrel in 2009 (like what is happening now).
But by mid 2009, interest rates went below 2%!!!!
Below is what was posted by our President/CEO of FDMCGC MilesAndMore:
You can check FD interest rates between 2008 and 2011 at Original FD Thread.

The federal government’s borrowing shifted into higher gear from 2008, the year the Barisan National coalition lost its two-thirds parliamentary majority.
http://www.freemalaysiatoday.com/category/...illion-by-2020/


http://www.consumer.org.my/index.php/perso...-it-sustainable

Bro, with crude oil price below USD60/barrel now, you think our debt going to increase or government going to revise the budget? Debt is suppose to be good to boost the economy   

Personally I will still put in some more bullets to AmBank 3 yr 4.5%.  Oh, still will top up some more to EPF though some people has expressed some concern. 

mean i get interested twice in a year? Which is roughly 8+% per year right?
Is that any offer better thn this currently? Not too sure those 6, 9, 12months is working the same way anot or just meaning longer u put higher u get instead or giving interest every 3 or 6 months.

So mean if i put 6 months, they will gave me the 4.08% at month-12?

Really tempted, now SGD 2.69. Wonder wanna keep in SG or change back for SCB 4.5%

Currency movement can be more powerful than extra 0.5%-1% over 15 mths. Summore dunno what the exact T&C is regarding the CASA.... Anybody got the black & white T&C?

For the SCB Saadiq Term Deposit-i, interest rate for 9M is 4.25% and for 15M is 4.50%. This promo is until 31 Mar.

The info and T&C can be found HERE

You got a point there, rest of the world interest rate going down, we on the other hand going up 
Bro, RM strengthen against AUD 2 weeks ago and for the first time in the last 3 years I managed to get AUD/MYR below 2.8 and that was TT rate Money changer all still above 2.8 because their stock cost high.

SGD and AUD almost dollar for dollar.....

As for should you hold on to USD, I don't know because if you see previous charts, it goes up and down. As for SGD, aeiou228 pointed before, it's on the uptrend like forever, hahaha

As for AUD, as far as I know, RBA still wants it to go lower. In 2008 AUD/USD went as low as 0.65 and AUD/MYR 2.2. But I not so greedy, when reach AUD/MYR 2.5 or below (TT rate) I will transfer my funds and go buy a property (it's like I'll be getting 30% discount from AUD/MYR at 3.3 in 2012 to 1st quarter 2013).

And talking about inflation, because of the high USD relatively to RM, we can expect imported goods prices to increase... e.g. new cars.

Bro I know what investment is fool proof... Rolex watches, hahaha

Above may be OT to some, but if RM weakens further... we all will be wishing we have converted our RM to USD or SGD   
Many expected interest rates to go up in USD months ago, however last quarter data US economy not so good. Malaysia on the other hand reported better growth than most economist predicted.

kmarc and AVFAN - AUD/MYR went below 2.8 yesterday and getting nearer to 5 year low (2.72). If go below 2.72, then it is getting nearer to my target of 2.5, but then maybe I will turn extremely greedy and hope for 2.3, hahaha.

i read that too.. how it works? how often OPR change?

one of the comments caught my attention..

Nowadays banks want to know source of our funds   

Last time another member mentioned he wanted to place a FD with OCBC but they told him to "balik kampung" and place the FD with their branch near to the address shown in his NRIC.

Yesterday I went and withdraw my money from UOB in cheque and cash forms. They also wanted to know why I taking out the money, For the cheque, I said to go deposit with other Bank's FD Promo. For the Cash, I said I going Genting And they actually keyed into the system what I said 

I then when over to MBB to deposit the cash into my Savings Account with the teller (as I wanted the money ready for Q-Cash first thing in the morning today), and they made me fill in a Declaration Form  stating the Source Of The Fund As for the Bank Draft where I placed with MBB Promo, no question asked.

Nowadays, banks very fussy where Source of Our Funds come from, especially if you are new to them.

The ringgit appreciated after Malaysia's Statistics Department said today the nation’s inflation, as measured by the consumer price index (CPI), increased 0.9% in March from a year earlier.

March's CPI's increase compared to the 0.1% rise seen in February. Reuters reported that emerging Asian currencies rose on Wednesday as the dollar retreated slightly, while Malaysia's ringgit extended gains after March inflation data cooled any lingering expectations of a rate cut there.
http://www.theedgemarkets.com/my/article/k...git-strengthens