Why different foreign have different interest rate?

2006-12-10 1:56 am
Why different foreign have different interest rate?
有咩因素決定各外幣的利率?
利率較高或較低對該國家有咩影響?
Thanks !

回答 (1)

2006-12-10 6:07 am
✔ 最佳答案
If that country needs money, the interest rate will higher to attract money. If the exchange rate is same at all time, people in other country will deposit money in that country. However, higher interest rate is not good for the development because it increases the cost to develope.


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