Quote:
Originally Posted by mitico67
I don't get it. Can someone explain it to me. what's the advantage of doing so. The only advantage I can think of would be to buy forward $ if it believed that $ will weaken againt the pound. Let's say 2.05. If in a reasonable time this value is reached. Then I could wait some time to hope for the $ to get stronger aginst the real, release the money and hoping that during the time it takes to get to the banco central the rate doesn't get much worse or if I get lucky it gets better. It doesn't make sense to me. please someone shed some light.
|
You are not the only one who doesn't get it.
