interest paid doesn't matter to which currencies it refers to (AUD/myr). x% of RM/AUD is still the same. (assuming the buying & selling rate is the same)

No brainer to Foreign FD, enter low, sell high. that's all. matter of catching the right timing

there's no right timing..juz monitor it

Anyways, AUD is sky rocketting these few weeks

For those who had bought @ 2.7x/ low 2.8ish , would have made some handsome returns as it's hitting 3.00 soon.

Eg; bought @ 2.75, if resell @ 3.05, gain= 10.9% . just from the conversion rate, have not factored in %interest

Spread of buying/selling is around 0.083. So, u hav to regain that amount before making any profits.
But then again, interest rate for AUD is high

Do consider NZD, i'm targetting n monitoring it. Should be quite a good entry (for a relative medium-long term) as RBNZ jus announced a -0.5% to 2.5% interest today

or better, why not bond fund..@ least 6-8% return..sometimes even more