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  1. #1
    Member ENP's Avatar
    Join Date
    Jan 2010
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    451

    Default How to Trade into USD?

    Do I need to open an account at my bank in order to do this? Or can I just withdraw physical cash?

    I just looked at the NZD vs USD currency conversion and its about 4-5 cents USD difference from the buy and sell. I thought that was very high so looking to minimise that spread in the buy/sell.

    Any help?

    Just when experts say "bullish on the dollar" I'm wondering how us as NZ'ers can invest in the US dollar?

    Thanks.

  2. #2
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,876

    Default

    Quote Originally Posted by ENP View Post
    Do I need to open an account at my bank in order to do this? Or can I just withdraw physical cash?

    I just looked at the NZD vs USD currency conversion and its about 4-5 cents USD difference from the buy and sell. I thought that was very high so looking to minimise that spread in the buy/sell.

    Any help?

    Just when experts say "bullish on the dollar" I'm wondering how us as NZ'ers can invest in the US dollar?

    Thanks.
    Please tell me you are fishing?

  3. #3
    Member ENP's Avatar
    Join Date
    Jan 2010
    Posts
    451

    Default

    What do you mean?

  4. #4
    Senior Member
    Join Date
    Jul 2007
    Location
    North Shore
    Posts
    1,088
    Disclaimer: Do not take my posts seriously. They are only opinions.

    AMR has sold all shares and is pursuing property.

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