Author Topic: Large interest rate drop (Read 25765 times)

number2 · « **Reply #70 on:** February 08, 2009, 09:48:06 AM »

The 2.6% is the tax on the interest Terrie, not the interest. Alan

brianthegardener · « **Reply #71 on:** February 19, 2009, 14:35:58 PM »

it looks like the interest rates are dropping yet again according to Fethiyetimes...here...http://www.fethiyetimes.org.uk/cms/index.php?option=com_content&task=viewid=1764itemid=58

kevin b · « **Reply #72 on:** February 19, 2009, 15:17:56 PM »

That's bad news & seems like it may go down to 10% according to experts.

saoirse · « **Reply #73 on:** February 19, 2009, 16:30:04 PM »

When the rate inevitably reaches single figures the net cost of living will be virtually on a par with UK for those using intrest accts as main income,
ie 9% savings rate with 7/8% inflation = UK 2% Savings rate with 0-1% inflation

brianthegardener · « **Reply #74 on:** February 19, 2009, 19:05:52 PM »

i will still settle for 12.5% or 10%..still a damn sight better for savers than in uk.....better living here,better way off life:D

saoirse · « **Reply #75 on:** February 19, 2009, 19:33:32 PM »

very true

brianthegardener · « **Reply #76 on:** February 20, 2009, 06:49:15 AM »

makes interesting reading...

http://www.hurriyet.com.tr/english/finance/11041606.asp?scr=1

c1 · « **Reply #77 on:** February 20, 2009, 08:55:04 AM »

inflation rate in turkey is falling and will fall more, as internetional sales dry up and domestic market stands still or slightly declines. interesting to see that the lira dispite the drop in interest rates hasn't gone into free fall like sterling. this years tourist figures will be very interesting and it's not the time for airlines or airport operators to put up hurdles

Ziggy Pop · « **Reply #78 on:** February 20, 2009, 11:18:48 AM »

Does anyone know, has the interest rate dropped before in turkey then gone up again after a few months ? someone told me this has happened before.

brianthegardener · « **Reply #79 on:** February 20, 2009, 11:29:47 AM »

quote:
Originally posted by Ziggy Pop

Does anyone know, has the interest rate dropped before in turkey then gone up again after a few months ? someone told me this has happened before.

Yes it has in the past...expect it may well do once things have settled down

Author Topic: Large interest rate drop (Read 25765 times)

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