ETFs offer diversification, but a standard ETF that invests in foreign markets won’t do a thing to protect you against currency fluctuations. Currency-hedged ETFs protect you against exchange…

Private trader

If you want to avoid all currency profits or losses you must follow a strict hedging strategy and stick to it. … The risk is that you may…

Private trader

How do you hedge foreign currency exposure? Companies that have exposure to foreign markets can often hedge their risk with currency swap forward contracts. Many funds and ETFs…

Private trader

Higher interest rates offer lenders in an economy a higher return relative to other countries. Therefore, higher interest rates attract foreign capital and cause the exchange rate to…

Private trader

Australia Post – frequently known as Auspost – is a popular option in Australia. Like many national postal services around the world, Auspost offers various services to do…

Private trader

Accordingly, Goods &Service Tax on Currency Conversion will be revised from 15% to 18% and will be calculated on taxable value as determined below: (a) 1% of the…

Private trader

When trading futures or options, investors are effectively taxed at the maximum long-term capital gains rate, or 20% (on 60% of the gains or losses) and the maximum…

Private trader

The tax rate on a foreign currency trade depends on the type of exchange contract you have executed. Ordinary exchange contracts are taxed at the ordinary capital gains…

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Where can I exchange currency for free? The exchange rate at your local bank is usually better than using a currency exchange provider at the airport. Many banks…

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Visit a Westpac branch to sell your foreign cash back to us at the rate applicable at the time you wish to sell it. An $8 fee is…

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