By Justin Urquhart Stewart from Offshore Bankers

Currencies are a conundrum for all, whether you are a central bank, a pension fund, or just a private investor trying to protect the value of your assets.

They are often the forgotten part of an investment as most focus goes on the investment itself, be it a stock or a bond, and the currency is just part of the process of executing the deal. In fact the movements in currency can be the vital %