Is it suitable to invest in AUD for fixed deposit? I saw the AUD is very high now.
Anyone know about foreign FD?
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 Mar 10 2011, 05:10 PM
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur  
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Mar 10 2011, 05:39 PM
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1,798 posts Joined: Sep 2004 From: Yuen Long, HK || Seremban || Kuala Lumpur
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QUOTE(kucingfight @ Mar 10 2011, 06:19 PM) Spread of buying/selling is around 0.083. So, u hav to regain that amount before making any profits. 0.083 is it wide spread? Why you consider NZD? The rates lower than AUD.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  |
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