Foreign Currency Time Deposit. Is it safe?

[Casey]

Hello brudders here, trying to seek some advice from you guys.

 

Is Foreign Currency Time Deposit safe? relatively low risk?

 

Why do certain countries offer a higher interest like NZ?

[Keen]

hijack abit... ps ah... not all bank offer foreign currency time deposit for country like india,china etc right?

Edited February 4, 2008 by Keen

[Pentium]

the only risk is exchange risk and unsystematic risk

[Yeobh]

High risk high gain, no risk no gain

[J96949]

Buy at low$$ and sell at high$$. If u have extra cash, u can park there to earn high interest. The question is: When is the right time to buy $$.

Do your homework before u buy.

[Sabian]

high risk can also = low gain/ loss

[Casey]

are there very high changes of losing principle money? or most of the time, u still get some profits but not as high as advertise?

[Casey]

u see the rates publish everyday by the banks, but are there sites where u can get the charts?