USD/MYR and SGD/MYR
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 Oct 7 2023, 06:32 PM
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#1
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Junior Member
31 posts Joined: Dec 2021 
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Someone would have some spare cash, may want to consider exchanging RM to USD and put into USD FD where running at 5.7% rate on many local banks nowadays, though of buy and sell spread and possibly RM becomes strengthen than USD, putting 1 yr USD FD will offset all these drawback considering value of RM may continuous weaker in long run against USD, thereafter second yr onwards will continue enjoy the high USD interest rate.
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Oct 12 2023, 12:26 AM
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#2
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Junior Member
31 posts Joined: Dec 2021
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QUOTE(xander2k8 @ Oct 9 2023, 07:44 AM) I can tell you that is already too late if you start doing that 🤦♀️ by the time the 2nd year rate will be cut and you can expect 3 handle by then Not only interest, but we will continue safe and earn the currency rate as RM will anticipate continue weaker against usd. |
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Mar 3 2024, 04:43 PM
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#3
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Junior Member
31 posts Joined: Dec 2021
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Hi,
I wanna to ask I want move some of my USD saving in M'sia bank's USD account to Singapore USD account, can I request a USD cheque from Malaysia bank bring to Singapore and deposit bank in Singapore? any fees involved? I know I can tt there but just think of if any other option. |
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