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[QUOTE="Mika, post: 181047, member: 29399"] If you live in a country where your local currency is valued less compared to USD, Euro, etc, it can be profitable to save money in foreign currencies. For instance, in my home country, you can earn profits if you save in foreign currencies. However, the government does not allow local people to hold foreign currency. Only those who are dealing with international trade and commerce, those who have a passport and have visited foreign countries a couple of times, people who have licenses to exchange foreign currencies, and the foreigners can hold foreign currencies. For others, it is illegal. [/QUOTE]
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