If you want to hold foreign currency, is it best go to money exchange shop or Forex?
January 18th, 2008
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Doo.ri asked:
Say I’m Japanese, and I think US Dollar would be a good investment, and I want to hold the currency for 3 years, so should I go to local money exhanges booth, i.e. buy $10,000 or buy USD/JPY $10,000 in Forex?
Say I’m Japanese, and I think US Dollar would be a good investment, and I want to hold the currency for 3 years, so should I go to local money exhanges booth, i.e. buy $10,000 or buy USD/JPY $10,000 in Forex?
10 pts. for good or detailed answer.
NINNEMAN