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Interest rates can have a significant impact on a country’s currency. When a country’s central bank raises interest rates, it can make the currency more attractive to foreign investors looking for higher yields. This increased demand for the currency can cause it to appreciate in value. On the other hand, when interest rates are lowered, the currency may become less attractive, which can cause it to depreciate. Additionally, changes in interest rates can affect international capital flows, which can also impact currency values. Therefore, interest rates can be a crucial factor to consider when analyzing and forecasting currency movements.
At Horizon65 we can help you to determine if company pensions are worth it for you by using our mobile app to simulate its effect on your future taking into your existing investments and potential impact of inflation and taxation.
We regularly help our clients by comparing all the available company pension products on the market using our comparison portal or you can also directly get in touch with our experts to understand if it can be a good option for you.
Download our app and start gaining insight into your current and future finances.