Learn how to play the money market

Allard, Roger
October 2009
Travel Weekly (UK);10/2/2009, p8
Trade Publication
The article presents the author's comments on the significance of dual currency deposits (DCDs) for travel operators. He affirms that through DCDs, operators can achieve better interest rates, as well as benefiting from improved exchange rates. He suggests that if a higher rate, say 1.12 for four months is chosen, then a guaranteed interest equivalent to 4.1 % a year will be received with the amount 112,000 euro. He emphasizes on focusing on DCDs as part of the currency hedging provision.


Related Articles

  • MARKET MONITOR.  // Emerging Markets Monitor;5/10/2004, Vol. 10 Issue 5, p19 

    Presents a chart on foreign exchange market and short-term interest rates from around the world as of May 7, 2004.

  • Tests of Real Interest Parity in International Currency Markets. Parikh, Ashok // Journal of Economics;1994, Vol. 59 Issue 2, p167 

    The purpose of this paper is to examine the behavior of real bilateral exchange rates for major currencies and test the hypothesis of real uncovered interest parity with risk premia, and forward looking expectations. It is plausible that the hypothesis of rational expectations cannot be rejected...

  • MARKET MONITOR.  // Emerging Markets Monitor;9/27/2004, Vol. 10 Issue 24, p19 

    Presents several charts regarding the foreign exchange market as of September 2004. Foreign exchange rate per euro as of September 24, 2004; Short term interest rates for the end of 2003; Stock market local index as of September 24, 2004.

  • Tech Talk: Enhancing carry trades. Chen, James // Futures: News, Analysis & Strategies for Futures, Options & Deri;Apr2007, Vol. 36 Issue 5, p28 

    The article focuses on the enhancement of foreign exchange trade in the U.S. It has been stressed that the traders should use both technical and fundamental analytical methodologies for trading success. Technical Carry Trade could be beneficial in the combination of technicals and fundamentals...

  • BMI View: Emerging Europe.  // Emerging Markets Monitor;10/15/2007, Vol. 13 Issue 27, p3 

    This article presents a forecast for the foreign exchange market condition of Turkey. The foreign exchange rate of the Turkish lira has bolstered, following the resurgence of the global carry trade. The currency has hit the long-held parity target against the Swiss franc on October 5, 2007 and...

  • UK Rates Rise, But Pound Falls.  // Global Finance;Jun2004, Vol. 18 Issue 6, p54 

    Reports on the increase in interest rates and the decline of the Pound in Great Britain in May 2004. Reason for the decision of the Bank of England to raise the rates; Effect of the government report showing a decline in factory output on the decline of the pound; Prediction of analyst of...

  • Protecting overseas profits with shifting exchange rates. Helms, John // Inside Tucson Business;9/25/2006, Vol. 16 Issue 15, p28 

    The article reports on the protection of overseas profits with shifting exchange rates. Money markets changes constantly in the winds of political and economic change such as new national leader, rising interest rates and shifts in oil prices among others. Foreign exchange trading takes place 24...

  • A framework for stabilizing the euro/yen/dollar triplet. Bofinger, Peter // North American Journal of Economics & Finance;Dec2000 Index Issue, Vol. 11 Issue 2, p137 

    The current debate on exchange rate regimes is shaped by the so-called inconsistency triangle. In this paper I show that the discussion has overlooked a "third way" which combines capital mobility with monetary policy autonomy, and an exchange rate path determined by interest rate differentials....

  • MARKET MONITOR.  // Emerging Markets Monitor;3/29/2004, Vol. 9 Issue 48, p19 

    Presents foreign exchange market statistics. Foreign exchange rate of the Argentinean peso against the U.S. dollar in the end of 2003; Short term interest rates of Brazil in December 2003; Status of the stock market local index of Chile in 2003.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics