Is the interest yield too low to warrant 'fixed' deposit? Thank you, I'm new.|||You get more interest for longer term deposits.
We don't know what finance problem you are trying to solve by doing a foreign fixed deposit, but if you are speculating on currencies by doing this, it is very cumbersome. CME RMB futures contracts start in a couple of weeks and that is a much cleaner way of speculating on currency moves. If you have known expenses in RMB, then a foreign fixed deposit is a fine way to go.
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