At the point of writing, fixed deposits in Malaysia offer customer an interest rate ranging between 1.85% and 2.90% per annum. The rates are not particularly attractive given Malaysia’s inflation rate at 3.38% in 2022. Your wealth will shrink against the backdrop of inflation if you leave all your money in fixed deposit accounts. Further, […]

source: https://thefinance.sg/2024/01/08/4-low-risk-cash-investments-in-malaysia-2024/