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Thread: High interest rate currencies

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  1. #1
    Junior Member
    Join Date
    Oct 2011
    Posts
    10
    Right now the Australian dollar is considered to possibly be in for an interest rate pullback in the near future. That's what some analysts believe. Russian ruble is a bit of an unstable currency but if you can handle the risk I'd trade it for sure. Usually what you risk is what you stand to gain..

  2. #2
    Junior Member
    Join Date
    Jan 2013
    Location
    California
    Posts
    10
    You may have noticed the high interest rates that the credit card companies use on their loans in 2010. This is the main reason that your debt is so hard to pay back and doesn't seem to decrease even if you make monthly payments. Interest rate is an added value on your loan and is how the credit card companies make a profit off their clients.

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