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By Staff Reporters
SPONSOR: http://www.MarcinkoAssociates.com
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Carry-oriented currencies are higher-yielding currencies of countries where interest rates are generally higher than those of countries with lower-yielding currencies.
These higher-yielding currencies are targeted for “carry trades,” where investors borrow money in a low-interest rate currency and invest in a higher yielding currency, potentially profiting from the difference in interest rates.
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Filed under: Accounting, Funding Basics, Glossary Terms, Investing, Touring with Marcinko | Tagged: carried curencies, carried currency, carried trades, high yield currencies, Marcinko |
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