need japanese help about banking in Tokyo?
June 3rd, 2008
★YMC★ asked:
I just recently saved some money and I’m planning to either use it to buy dollars then convert it back to yen and vice versa to make it grow.
I just recently saved some money and I’m planning to either use it to buy dollars then convert it back to yen and vice versa to make it grow.
but i checked the banks, (mizuho, smbc, etc), they have different rate for buying and selling of dollars.
and I also heard about exchanging in the post office.
do they exchange rates like forex/rates in newspapers?
or if this is not a good idea, can you suggest a much better one?
宜しくお願いいたします。
PETRARCA
The banks puts on the other banks puts on what is what is called an interbank rate isnt like cost now when banks buy from you to buy and vice versa to yen they make it wont grow and hold the difference youre witnessing is referred to make you less for.
For every us 10652 and buy and buy us they can trade next to make yen they will sell you us is us 10652 and sell at us 10650 right they will sell.