Keep FCY hoping further weakening of yen. Wait for yen weakens Keep the foreign currency Time Deposit, rolling it over, and wait foryen weakens. Use it Abroad Buy Travellers Cheque with the interests you earned, andenjoy travel. Use roll-over feature to automatically extend your tenors. Foreign currency time deposits cannot be withdrawn before maturity.
Interest is earned in the same currency as the principal.
Income accruing from foreign exchange profits is treated as miscellaneous income. Citibank offers you various information to support you managing your foreign currency investment effectively.