PETALING JAYA: With a liquidity-driven equities rally in full swing, both locally and globally, the point of where people are putting their excess cash may seem moot. Many investors are, however, still cautious about stockmarket investing until those famous “green shoots” of economic recovery become “full blooms”.
In the interim, savers are still parking their money in fixed deposits (FD). While two major banks have not seen much change in the tenures of their FD accounts, one is receiving more interest in long-term deposits.