In today's Financial Post there is an article about currency investing. Basically, some people are worried that the US dollar will fall because of political problems in the US. These people buy the Chinese yuan or baskets of currencies that are resource-linked: the Australian, Canadian and New Zealand dollar as well as the South African Rand.
The total amount of such investments is, however, relatively small.
The article mentions something we have been studying: investing in foreign currencies because of high return. One bank is offering 5.75% on the Brazilian real. But remember that for the investment to be profitable, the real cannot depreciate too much.
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