Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Friday, December 19, 2008

Currencies Play:AUD & KRW

AUD = 2.46 MYR (11% gain from lowest 2.21 on 21st Nov).
KRW = 2.69 MYR (13% gain from lowest 2.39 on 21st Nov).
USD = 3.46 MYR (5% loss from highest 3.64 on 3rd Dec).
Meaning you would have made a gain/yield of 11% if you had bought KRW and AUD at its recent low.

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