rates
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New retail trend: zero rates
As the hire purchase novelty has worn off, retailers are trying to find new ways to keep the consumers coming. The latest trend in this regard points to zero interest rate instalments, as th...
New retail trend: zero rates
As the hire purchase novelty has worn off, retailers are trying to find new ways to keep the consumers coming. The latest trend in this regard points to zero interest rate instalments, as th...
Banks raise rates
The rates paid by banks for ROL deposits have gone back up to their early year levels, namely 14-15% annually for one-month maturity for instance, as most of the banking institutions have be...
NBR victory: slight increase for deposit rates
National Bank officials can be at least partially satisfied. Only several days after the warning launched by the central bank (pointing to the much too low ROL-denominated deposit interests)...
Fed cuts rates to 1%, markets disappointed
The Federal Reserve cut interest rates by a quarter-point on Wednesday and pointed to further determination to counter the danger that the United States would slide towards deflation. Althou...
Increasing rates for ROL deposits
Got ROL and no idea what to do with them? Well, take them to the bank! Particularly because there is good news. The rates for the banking deposits in ROL have started to go up again. Rather...
ECB cuts interest rates to 48-year low, hopes for economic recovery
The European Central Bank (ECB) has cut interest rates to the lowest since at least 1948 in any of the dozen nations using the euro, as the single European currency's appreciation saps econo...
Interest rates for deposits likely to stay put in the next months
Perhaps some of the most frequently asked questions by those who chose the domestic currency for their banking deposits are: How will rates evolve? Will they keep dropping? Will they stay pu...
Banking rates keep spiraling down, trend expected to endure
Do you remember the 100-120% annual rates offered by the banks for one-month deposits back in 1997? Those days are long gone, with the banks now paying ten times smaller rates. Or, to make i...