Interest rates up again.
Moderators: PoshinDevon, Soner, Dragon
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- Kibkommer
- Posts: 1980
- Joined: Sat 09 Feb 2013 9:29 am
Interest rates up again.
After the increase in November to 15% the central bank has increased the rate to 17per cent today.
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- Kibkommer
- Posts: 463
- Joined: Mon 18 May 2015 9:21 am
Re: Interest rates up again.
you may find that those rates are for loans with the rates paid to investors (e-deposit rates) being 3% less.
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- Kibkommer
- Posts: 1443
- Joined: Mon 14 May 2012 7:02 am
Re: Interest rates up again.
Yes that is the case however if rates for loans go up it is usual for investment rates to go up too. Borrowing will always be higher than investing, the one pays for the other, but, generally both move.