Forget about AUD and NZD.
Try ZAR - up to 9.5% !
http://www.rhbbank.com.my/treasury/rates/m...posit_rates.asp
Anyone know about foreign FD?
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 Feb 14 2009, 07:27 PM
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Sep 14 2010, 11:01 PM
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QUOTE(David83 @ Sep 14 2010, 10:48 PM) OK then. Definitely "return in the denominated currency".How about these rates: Currency | 1-month | 3 months | 6 months | 12 months AUD | 4.50 | 4.65 | 4.85 | 5.30 Still, do these advertised per annum rates refer overall return rate or the return in the denominated currency before converting back to MYR?  You bear all the currency exchange risks yourself, when you convert back. If the exchange rate is bad, the last thing you want is to have to convert back because you need the cash. A less evil alternative is to keep it in the foreign currency earning interest until you are ready to convert. |
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