3 ms·

Well technically it's not but realistically it is.

• A2017U1 8y ago
  Hedging against currency movements is fairly trivial and doesn't cost much, I've gone down this route in Vietnam after getting annoyed at being forced into investments by low interest rates ( putting savings in most western banks is going backwards). 1 year deposit pays over 7%, the currency moved in my favor but still happy taking out the hedge. Getting a far better return than the riskier corporate bonds I hold locally.
  • kgwgk 8y ago
    > Hedging against currency movements is fairly trivial and doesn't cost much The cost is essentially the (risk-free) interest rate differential that you were trying to capture in the first place.