Bank Loan in Qatar is profitable Now? becouse the highest exchange rate?
By ilovemyindia •
Bank Loan in Qatar is profitable Now? becouse the highest exchange rate?
i would like to take a loan now in any qatar bank. then put in Fixed Deposit in India any bank. its realy worthy now? Now we will get good exchange value, right?
I expect good comments from Financial Experts...
ur running 2 risks in doing so:
- today 3.65QR = 1$. for every 0.01 drop you'll loose 2.5 ryals for every thousand u had borrowed. with the financial crisis, the US federal rerserve printing uncovered $, it is a possibility. that is if not also the currency u'll turn ur money into is not fluctualting as well.
- internal risks in that the bank ur depositing ur money in will face problem: high interest rates means high risk.
yes
Yes you are absolutely right,