All Topics / Finance / Managing Currency movements when investing in NZ

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  • Profile photo of PursefattenerPursefattener
    Member
    @pursefattener
    Join Date: 2004
    Post Count: 217
    May 28, 2004 - 12:47 am

    Anyone following the cross rate on the Kiwi dollar would be aware of the recent trend.

    I would like to start a discussion on what strategies others have to manage this risk.

    If you were looking at buying nz$s lately you may be a little jerked off ??[goofy]

    Purse

    Profile photo of yackyack
    Member
    @yack
    Join Date: 2003
    Post Count: 1,206
    May 28, 2004 - 1:05 am

    One of the dangers of investing overseas. I have not seen much comment on this. I dont have anything to offer.

    Profile photo of IbuycashflowIbuycashflow
    Participant
    @ibuycashflow
    Join Date: 2004
    Post Count: 274
    May 28, 2004 - 1:19 am

    Hi again Purse,

    Unless you want to become a forex trader it’s best to borrow as much of the investment in the local currency.

    For vast amounts you can explore the options of hedging your currency swings but that can be costly.

    Cheers
    Jeff

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