Dual currency deposit
id:
dual-currency-deposit-289-4430255
title:
Dual currency deposit
text:
In finance, a dual currency deposit is a derivative instrument which combines a money market deposit with a currency option to provide a higher yield than that available for a standard deposit. There is a higher risk than with the latter - the depositor can receive less funds than originally deposited and in a different currency. An investor could do a USD/JPY DCD depositing USD and receiving JPY.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Dual_currency_deposit
date created:
date modified:
2023-06-27T18:02:53Z
main entity:
{"identifier":"Q5310197","url":"https://www.wikidata.org/entity/Q5310197"}
image:
fields total:
13
integrity:
13