foreign currency investment promises prosperous results

Category : Adventure | Posted On May 17, 2017

Financial investments are becoming increasingly popular among Indonesians as this helps them gain profits. Aside from investing in Rupiah-based financial products, investors have another option now: investing in foreign currency, including the United States Dollar (USD). This latter option could be a convenient type of investment, especially if you earn your income in foreign currency.

With foreign currency investments, investors gain investments from the margin of exchange rate between Rupiah and the foreign currency when you buy and sell the currency.

For example, when the 1998 crisis hit Indonesia, the exchange rate of Rupiah to USD suddenly plunged to Rp 20,000 per $1. This means, if you have a savings amounting to $100, the value of your money would increase dramatically from Rp 200,000 to Rp 2,000,000, according to the fluctuation of the exchange rate itself.

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