A term deposit made in a foreign currency is subject to a currency risk since the exchange rate between a foreign currency and the EUR can fluctuate. The amount repaid in EUR therefore depends on the exchange rate at the time of repayment i.e. if the EUR declines in value against the foreign currency during the term, a currency gain can occur. Conversely, a currency loss can occur if the EUR increases in value during the term against the foreign currency. There are multiple factors which influence the exchange rate. Please note that at no point in time does Raisin make recommendations for single currencies or advise on expected exchange rate developments. Further details regarding opportunities and risks associated with term deposits in a foreign currency can be found in the respective product information sheets.