MoneyTec.com Traders Community Forum - View Single Post - Relocation hedge on one single currency (Chile)

ChileNewbie · 20-05-2004, 16:21

In case anyone cares. For starts we have opted to put some money into NZ Dollars in a 3-month CD. The NZ Dollars seem isolated from the big drop that the US $ did in Janary - April related to the Chile Pesos. We are only putting 15% of our cash, plus it looks like we can earn some interest on it...

Diversity is our goal, not earning profits.

Anyone suggest another currency that is easily traded / not so tied to the dollar on ups/downs?

Thanks.

20-05-2004, 16:21	#8 (permalink)
ChileNewbie level 1 Join Date: May 2004 Posts: 37 Rep Power: 0	In case anyone cares. For starts we have opted to put some money into NZ Dollars in a 3-month CD. The NZ Dollars seem isolated from the big drop that the US $ did in Janary - April related to the Chile Pesos. We are only putting 15% of our cash, plus it looks like we can earn some interest on it... Diversity is our goal, not earning profits. Anyone suggest another currency that is easily traded / not so tied to the dollar on ups/downs? Thanks.