Does anyone know if it is possible to take out a loan in Japan in order to take advantage of the low interest rates there, and details how to go about it.
2006-06-06 02:10:24 · 1 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
It's not a matter of getting a loan in Japan than getting a loan in Japanese Yen! The currency makes the difference...
In which country are you living?
Either you will find a major bank near your place offering loans in foreign currencies as well - or then you may take out the loan in dollars but the same time make a forward contract in selling Yen for the time the loan runs off.
That's the simple way to get into the full interest rate difference as well as the full risk of the currency - and it allows you to easily adjust the extent you want to be involved in these risks - 100% or any other %...
2006-06-06 07:23:28 · answer #1 · answered by swissnick 7 · 0⤊ 1⤋