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Almighty Dolor

Posted by Matt in May 10th, 2008 | no comment 
Published in Financial, , , , , , , , , , , , , , , , , , , , , ,

Hedging the dollar with foreign-currency C.D.’s
Your choices include single-currency C.D.’s — euros, Canadian dollars, British pounds, even Brazilian reais or Indian rupees — or multicurrency C.D.’s bundling predetermined baskets of denominations. For instance, the Viking Index C.D. is made up of Norwegian, Danish and Swedish currency. Other financial institutions offer ways to, in essence, bet [...]

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