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Definition of borrow currencies in interactive brokers account?
What kind of forex pair would need to "borrow currencies" in IB account?
Is USDJPY considered as borrow currencies? (the value in the account with USDJPY always expressed in yen)
Thanks!
Can you help answer these questions from other members on NexusFi?
Borrowing depends on the currency in your account(s).
If you buy something that is settled in another currency than your funds, you will have to either
- buy the currency needed to settle
- borrow the currency
