Zimbabwe Interest Rate 800%

Submitted by Marco on Sat, 29/04/2006 - 11:43.

Did you know that the interest rate in Zimbabwe is 800%? Wouldn't it be cool if you can deposit your money there in Zimbabwe - say $10,000 of your total savings and by the end of the year receive $80,000 in interest? Haha... The question is would your investment be safe? I think not. I guess Zimbabwe is simply desperate for some foreign investment to be offering such a high interest rate.

More about

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <blockquote> <h2> <h3>
  • Lines and paragraphs break automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
2 + 9 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.

Free Email Subscription to Share Trading

 My Share Trading Feed