The Motley Fool Discussion Boards
International Investing / Foreign Currency
|Subject: Re: Ringgit||Date: 5/16/2008 10:49 AM|
|Author: cmbutler2||Number: 33 of 38|
I guess one way would be to put money in a bank in Singapore if that is the currency you want to invest in. Unfortunately there isn't a currency ETF for the Singapore dollar.
If you wanted to look at other currencies, you can buy ETFs for the peso, British pound, Australian dollar, yen, Swiss franc, and others. That would be the way I would go to diversify.
Other options include buying Singapore dollars on from an FX exchange. I do not think you will earn interest on them though. You could also look at buying Singapore bonds.
hope that helps,
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