I don't think this post breaks the rules but apologies if it does.
Ukraine currently has an interest rate of 20% a whopping 19.75% higher than the UK.
The current inflation rate in the U.K. Is 2.9% thus creating a 17.1% growth rate of your savings every year.
Ukraines exchange rate has remained stable for the last 2 years.
Why don't I see a lot more people investing in high interest rate countries - yes I understand Ukraine has lots of issues and is probably closer to gambling than investing but with similar countries I think this is a really good opportunity.
Does anybody know how hard it is to open a bank in a country such as Ukraine - whist not being a resident?
Sorry to drag on but if there are restrictions why are they in place, foreign investment should surely be encouraged to strengthen there economy?
Surely it is within their interest to keep the investors happy?
Edit; a comma
Submitted September 26, 2017 at 06:24PM by ImNotPlayingGeeza http://ift.tt/2xJZpLk
