Having looked at low interest rates available on foreign bank accounts, I am considering investing in more shares with a better dividend return. But I'm wondering about something regarding how they would be treated if the Euro fails (ok, highly unlikely), or a two tier Euro emerges with Ireland in the cheap seats left holding a devalued currency.
It would seem likely that if shares are are held in Euro with a stock listing in IRL, then the value would be reflected in the new currency/devalued currency. It would equally seem likely that shares held with companies abroad, denominated in Euro or in a different currency would be unaffected. I don't know that either of these assumptions would be correct. Anyone know how this might work out?
It would seem likely that if shares are are held in Euro with a stock listing in IRL, then the value would be reflected in the new currency/devalued currency. It would equally seem likely that shares held with companies abroad, denominated in Euro or in a different currency would be unaffected. I don't know that either of these assumptions would be correct. Anyone know how this might work out?