Hello, I am new to this forum.
I have $1,000,000 HKD at the HSBC in Hong Kong and I want to open the multi currecy or dual currency saving account at the different bank.
I heard that NZD is stronger than AUD now so I am thinking about opening the HKD and NZD (and JPN ?)saving account and open NZD time deposit account(12 month). Whatever the amount I made a profit off the interest rate, I want to move those fund back to the saving (either in HKD or JPN).
Do you suggest that I invest HKD in NZD or something else ?
Do you know any institution that gives better currecy conversion rate (e.g. NJZ to JPN or HKD) ?
I use OANDA (NY.USA) for currency conversion between USD and JPN and they have the best conversion rate however they don't offer NDZ or HKD.
Thanks,