I currently hold a German €-account and a Norwegian NOK-account. These two enabled my best speculation ever, when I during the financial crisis of '07-'09 expected the smaller currency to fall and the bigger one to be a safe haven. I made 30% in 18 months.
So...knowing this is risky business, I sort of want to set up a certain amount for currency speculation. When the ruble collapsed earlier this year, I considered it crystal clear that it would go up again. After all, it's not a democracy. So Putin ordered government controlled entities to prop up the ruble, and it jumped 20% within a very short time, we're talking weeks. I couldn't benefit from that, because my bank wouldn't let me open a ruble account.
Basically, I wonder if anyone else is following currencies here? Do you earn money? How do you organize this stuff - do you open accounts in different countries? How do you determine if your money will come back, especially when dealing with...difficult countries?