Hi,
Really I am european so I was thinking to bring Euro so correct me if I am wrong:
In 2012 1 Euro was about Pesos 49.60 .
Invest in certificate for example capital Euro 100 = 4960 Pesos with average interest rate 7%
Beginning 2013 I have 5307 Pesos
Beginning 2014 I have 5678 Pesos
Beginning 2015 I have 6076 Pesos
Beginning 2016 I have 6501 Pesos
Exchange rate April 16 1 Euro = about 51.3 Pesos
I convert back in euro and I have 126 Euro (note exchange rate not correct 100% because they are from forex and not local banking rate)
Of course there is the risk of fluctuation. I need your opinion please. If I invest my money in Europe my interest is almost 0. The interest rate on deposit are below zero (in Italy right now) and also some state bond give negative interests. I have some money in a fund but not very big results in years.
Another important question:
If you invest a sum (for example 100.000 Euro) in local currency in a Bank in Dr and after a certain period you want to convert again in the original currency (because maybe you want to transfer back to Europe) or i want to change in Usd, can i do that without any big problem or delay ? Or the bank try to avoid to change in foreigner currency? And will the exchange rate be reasonable (same if I change in Europe for ex Euro in Usd or Eur in Gbp ) or in DR is much much worst (do they charge many and many pips)?
Any reply will be very welcome.
Really I am european so I was thinking to bring Euro so correct me if I am wrong:
In 2012 1 Euro was about Pesos 49.60 .
Invest in certificate for example capital Euro 100 = 4960 Pesos with average interest rate 7%
Beginning 2013 I have 5307 Pesos
Beginning 2014 I have 5678 Pesos
Beginning 2015 I have 6076 Pesos
Beginning 2016 I have 6501 Pesos
Exchange rate April 16 1 Euro = about 51.3 Pesos
I convert back in euro and I have 126 Euro (note exchange rate not correct 100% because they are from forex and not local banking rate)
Of course there is the risk of fluctuation. I need your opinion please. If I invest my money in Europe my interest is almost 0. The interest rate on deposit are below zero (in Italy right now) and also some state bond give negative interests. I have some money in a fund but not very big results in years.
Another important question:
If you invest a sum (for example 100.000 Euro) in local currency in a Bank in Dr and after a certain period you want to convert again in the original currency (because maybe you want to transfer back to Europe) or i want to change in Usd, can i do that without any big problem or delay ? Or the bank try to avoid to change in foreigner currency? And will the exchange rate be reasonable (same if I change in Europe for ex Euro in Usd or Eur in Gbp ) or in DR is much much worst (do they charge many and many pips)?
Any reply will be very welcome.