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Buying USD assets by non-USD investors
1st May 2007
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GBP per USD between 1987 and 2007
GBP per USD between 1987 and 2007
620x420
For USD-based assets to be profitable for investors with non-USD home currency, rate of appreciation of the asset must be greater than rate of depreciation of USD against their home currencies or USD is appreciating against their home currencies.

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