Although risks of further downside still there for NZDSGD after the RBNZ revealed that it sold a net NZ$521 million in August, history had shown that it is always attractive to buy NZDSGD below parity. Accumulate while it is low and enjoy the high yield in FD, there will always be opportunities to sell above par within a couple of months. Or perhaps, get an Auckland CBD Apartment from me in the coming launch.
Posted on: Mon, 29 Sep 2014 13:58:34 +0000
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