Course, their currencies are likely to decline sharply when/if they too succumb to the worldwide trend and cut interest rates, as Australia had to.
just or more likely their economy is heading is off a fiscal cliff. it is like an ultra high dividend paying stock. the dividend will be cut because of poor company business performance and the stock price will go down. in this case we talking about a decline in the exchange rate.
useless and misleading article. some du*** might try to 'invest' in it. it would make some sense,if they post rated for USD accounts(like i posted while ago from sberbank(russia gvt. owned bank)
Do you or anyone else know of any other websites that list global interest rates for all countries. ? Thanks in advance.
hopefully. both sites numbers are meaningless as to what banks are actually paying and the real underlying trend. http://data.worldbank.org/indicator...api_data_value+wbapi_data_value-last&sort=asc what is your goal?