Bets on exchange rate from 50,000 euros

The individuals that have more than 50,000 euros available and believe they have an accurate enough vision of the trends on the forex market so as to afford to bet on them, can invest their money in the so-called foreign exchange (FX) structured deposits, which Raiffeisen Bank will launch on February 1. The new products provide higher returns on investments than a regular time deposit, but entail a certain foreign exchange-related risk taken by the client, which can be higher or lower. The deposit maturities range from one month to one year, and the amounts invested can be denominated in RON, euros or dollars. Choosing the amount of risk accepted entails opting for one of the following: protected principal but no guaranteed yield, or unprotected principal and guaranteed yield. The bank, however, ensures protection for the principal and a minimum guaranteed yield, thus containing the risk for the clients. ZF