FX carry made easier and safer - d b
2016-8-2u2002·u2002easier and safer AN INTRODUCTION TO THE FX CARRY TRADE An FX carry trade takes place when an investor borrows in a low-interest rate currency, such as the Japanese yen, and invests in a high-interest rate currency, such as the New Zealand dollar. In the absence of changes in the level of the exchange rate, investors will receive the yield ...
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