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How were the old rates?

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  • atypical
    atypical Posts: 1,344 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    They pay rates like that in India I think and since our exchange rate with them has been stable enough with them for a while its not such a bad deal.
    Just had a quick look here. 8.25% for a 1 year fixed term deposit. Highest of 9.25% for a 590 day deposit.

    Would be a hassle though. The rules are byzantine and what is written on paper is rarely what happens in practice.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Well Im thinking inflation index bonds may be the best hope in future of getting 7% That is only like 1% real gain given though
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