Dec 6 2016, 06:52 AM
QUOTE(AVFAN @ Dec 5 2016, 08:49 PM)
i have a real example.
in jan 2015, i bought some SGD with RM.
rate at that time was, on my record, 2.6765.
if i want RM today, i will get, on my broker data today, rate of 3.0885.
no interest, but 15% net over 2 years in RM terms.
ok or not?
Dont be silly, you are not gaining much at all. With ringgit depreciation means other things will rise, namely inflation, housing prices and general cost of living..in jan 2015, i bought some SGD with RM.
rate at that time was, on my record, 2.6765.
if i want RM today, i will get, on my broker data today, rate of 3.0885.
no interest, but 15% net over 2 years in RM terms.
ok or not?
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