fbpx

How do high interest rates affect deposits?

How high interest rates affect savings deposits

In an era where the global economy is becoming increasingly uncertain due to various factors such as inflation, fluctuating oil prices, and changes in central bank policies around the world, the policy interest rate has become one of the most important tools used to manage economic conditions.Especially interest rates that continue to rise in many countries, including Thailand.

Is using a credit card abroad still worth it in 2025?

credit card abroad overseas payment 2025 travel finance

After the COVID-19 outbreak, many Thai people have started travelling abroad. Using credit cards to pay for goods and services abroad has become a popular choice for many people instead of exchanging cash because of the convenience, safety, and have many privileges such as reward points or cash back.

Does a rise in interest rates really cause a currency to strengthen?

Whenever a central bank of any country raises interest rates, a common follow-up question is whether that country’s currency will “strengthen.” Theoretically, the answer is yes—but in
practice, it’s more complicated. We can’t say with 100% certainty that an interest rate hike will always result in a stronger currency.