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Moo moo currency exchange rate is bad … SGD—> USD
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Billy happBillyhappy OP : SGD1.395 — US$1
Billy happBillyhappy OP : Change it back to SG , USD 1 —> SGD1.285
Billy happBillyhappy OP : Not sure if this is always the case incur significant loss jus on exchange rate
Btan : Yes, the exchange rate is unfavorable. So it is always good to make significant profits first in foreign portfolio before changing it back to SGD. Or reinvest
102319027 : your rates are different from mine.
28282828 Billy happBillyhappy OP : Cant tell .. depends when you change it. I think 2021?
Billy happBillyhappy OP : I’m looking at the reference rates this morning
Phoon1981 : Keep it in USD if dont invest. U can turn on the smart save to give 4.7% return now
Billy happBillyhappy OP : Thanks for the advice .
102649735 : The moomoo platform will deduct some interest