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Investors bet on strong yen

Posted on 10 October 2011

Increasing numbers of people are opening foreign currency deposit accounts to take advantage of the yen’s historically high levels. If the yen’s value against the U.S. dollar, euro and other major foreign currencies falls, depositors can earn profits by exchanging their foreign currency deposits into yen.
However, the accounts carry a degree of risk. Losses may balloon if the yen appreciates further and may even cause a loss of principal……………………………………….Full Article: Source


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