Foreign Currency FD

• icebaby0

  25 Apr 06, 10:06

  Just a question, anyone dabbling on this?
  
  I just wondering about USD FD and NZ FD. ANy comments?
  
• onefour02

  25 Apr 06, 22:24

  sounds boring when i heard my friend put 10k NZ FD for 5yrs.
• rich989898

  26 Apr 06, 14:25

  Originally posted by onefour02:

  sounds boring when i heard my friend put 10k NZ FD for 5yrs.

  Kiwi $ spiralling down like waterfall, due to record breaking current account deficit and gloomy economy. The amount of interest gain may not cover the forex loss.