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Chicago Bank expects the exchange rate of the New Zealand dollar (NZ$) to appreciate from its present level of $.50 to $.55 in 30 days.
Chicago Bank expects the exchange rate of the New Zealand dollar (NZ$) to appreciate from its present level of $.50 to $.55 in 30 days.
Chicago Bank is able to borrow $20 million NZD on a short-term basis from other banks. How you can earn profit and how much?
Currency Lending rate Borrowing Rate
U.S Dollar 6.72% 7.20%
New Zealand Dollars(NZ$) 6.48% 6.96%
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