I have zero knowledge of finances and the works - but got into a conversation with two friends that do. Both are really smart in their own rights when it comes to this ... but I'm curious on others say about it. Is it possible to lend money from a low interest rate country and invest the money in a high interest rate country? For example, take R1m from Germany at 0% and put in SA at 7%.
The one quotes Interest Rate Parity as a reason it won't work ; and the other quotes Carry Trade.
The one quotes Interest Rate Parity as a reason it won't work ; and the other quotes Carry Trade.
