Financial management methods: 1. Fixed foreign currency deposit.
This is the most popular way for investors right now.
Low risk, stable income, with certain liquidity and profitability.
Unlike savings, it has the advantage of choosing which foreign currency to save in, as foreign currencies are freely convertible and vary from one foreign currency deposit to another and are constantly changing.
2. Financial products.
The domestic deposit rate is still very low compared with the international market rate, but the yield of foreign exchange financial products can rise steadily with the increase of the international market rate.
In addition, many domestic foreign exchange financial products are short term and can maintain high yields.
Investors can maintain some liquidity and at the same time earn steady profits.
Many banks now offer similar products.
Investors can choose according to their own preferences without the help of foreign exchange experts.
3. Option deposits (including foreign currency deposits linked to exchange rates).
Options deposits typically yield about 10% a year.
It is an ideal foreign exchange investment method with short term, high yield and limited risk if the judgment of exchange rate fluctuation trend is basically accurate and the operation time is appropriate.
But foreign exchange experts are needed to help with financial management.
So far, foreign banks in Shenzhen have launched such services.
4. Invest.
At present, a number of domestic banks have launched foreign exchange rate investment business.
People with foreign currency can consider investing in exchange rates to make a profit, but some people living abroad need foreign exchange experts to help with financial management when investing in exchange rates.
