Saturday, July 01, 2006

FSM Cash account rates move

Some of you asks how come the interest rates were hiking up yet the interest on cash account still does not move. guess what it did when i checked this afternoon. the latest rates are below.

you would have noticed that the usd rate at 4.445 + 0.75 comes close to the 5.195. thats looks like the ir in US after the fed raise its interest rate

as for the singapore rate i noticed that its close to 2.46% the last time round i checked.

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