Dumb question... I'm living in Indonesia, my current interest rate is 7.75%, USD/IDR exchange rate (as I type) at Rp.12658. Suggest that I'm short USD/IDR at FX market with stoploss set at $100, and at the same time buying US$100 banknotes. Then my stoploss triggered, I will get swap from FX market and at the same time, my banknotes will appreciate in IDR value, correct? Anything I'm missed?
Any comment, especially positive one, will be very much appreciated.
Thanks
Any comment, especially positive one, will be very much appreciated.
Thanks