What Currency Trading...hot money?
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Currency Trading...hot money? I don't fully understand how this works. Well, when a countries currency goes up due to higher levels of Investment how do people benefit from this? As in through currency trading (buy and sell currencies)??? how do people profit with this technique? :S lol
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Answer:
You can either speculate - buying a currency with the expectation that it will rise with respect to your own. Or you can buy bonds or put the money on deposit and earn money from a more favourable yields and interest rates.
MellowMa... at Yahoo! Answers Visit the source
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