The interest rate determines how much foreign countries want to invest in the American dollar. If the interest rate is high, foreign firms will want to invest more in America because a high interest rate means a higher rate of return for investment in America. If the interest rate is low, foreign firms will not want to invest in America because their rate of return will be lower. If foreign firms will want to invest more in America it will need to convert its money into the dollar, thus the demand for dollars will increase. By increasing the demand for the dollar it will appreciate and grow stronger relative to other currencies, making it more expensive to buy. By making the dollar stronger imports will increase and exports will decrease. This is because the American dollar will buy more and therefore it will be cheaper for the American people to buy foreign currency or goods. It will decrease exports because it will be more expensive for holders of foreign currency to buy American goods.
Every bit of Financial Charge or increase therein would ultimately affect the end user of consumer good on which such is aimed at...
Interest rates are on opportunity cost of holding cash. Basically, if you have cash in your wallet you aren't earning interest in a bank account. Interest rates affect the cost of borrowing money (eg. credit cards, mortgages, personal loans) and affect the interest rate on your savings account. The nominal or base rate is set by the central bank in most countries. This basically gives an indicator to banks about what their interest rates should be set at, so at the moment in the US and UK interest rates are 1% or lower but that doesn't mean interest rates on new mortgages will be at this level because the banks charge extra to make a profit. Hope this helps!
To a certain extent the banks do. But the Fed, which lends money to banks, can have an impact on it depending on what interest they charge the banks.
When you put money in the bank , they don't produce more , the use simple interest to charge you fees
Federal Funds Rate
Some lenders may find you a higher risk and thus charge you a higher interest rate.
Every bit of Financial Charge or increase therein would ultimately affect the end user of consumer good on which such is aimed at...
Usually no. Most institutions charge (and pay) compound interest, NOT simple interest.Usually no. Most institutions charge (and pay) compound interest, NOT simple interest.Usually no. Most institutions charge (and pay) compound interest, NOT simple interest.Usually no. Most institutions charge (and pay) compound interest, NOT simple interest.
They can charge a commitment fee or a lock fee, most certainly. Not everyone does it but it depends on the lender, it is not uncommon though.
payday lenders can charge up to what interest
payday lenders can charge up to what interest
no, its called usury and its illegal
yes
If you are a Jamaican, you will be charged Jamaican dollars, if you are an American you will be charged American dollar's you will be charged according to the individual drivers preference.
Yes, they charge a fair interest rate. It is one of the best cards around, but only if you use it enough. The points and rewards are among the best in the industry but it also has an annual fee you have to pay.
The Social Security Administration does not charge interest on a Supplemental Security Income overpayment.
If a company has adopted 'Table A', it can charge interest on calls-in-arrears at the rate of