Currency insurance - Lets talk about it !

by evan » Thu Jun 01, 2006 08:35 am
Posts: 1276
Joined: 01 May 2005

With the Currency Insurance one can protect the profits arising out of the exchange of the currency (dollar). A daily basis quoted premium has to pay to secure the agreed exchange rate on a settled future date.

One can arrange the currency insurance coverage for a short period (for one or two months) as well as for a long period (more than two years). This kind of insurance is popular in New Zealand.

Total Comments: 2

Posted: Mon Aug 04, 2008 03:06 pm Post Subject: currency insurance

How much is it and where do you purchase it. TKCindy1[at]aol.com

*system edited-e-mail is deactivated for your safety

Posted: Tue Aug 05, 2008 09:16 am Post Subject:

Well, I guess currency insurance is an analog of the available form of the hedging available against the risks associated with the volatility of the currency market.

Regards,
Juanita

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