I remember a friend telling me about EverBank's foreign CD basket back around 2000 as a way to have some hedge against the dollar. It looks like they were bought out by TIAA.
Back then I think the NZD was paying like 6% to 7% pa. I remember that you could pick and choose currencies but now it looks like your choice is limited to certain baskets.
And you are right, right now the USD is dominating most other currencies.
Back then I think the NZD was paying like 6% to 7% pa. I remember that you could pick and choose currencies but now it looks like your choice is limited to certain baskets.
And you are right, right now the USD is dominating most other currencies.