FAQ About Interest

Will money in interest lose value? Interest
2 years ago | gizem

Will money in interest lose value?

Technically, money is constantly added to your money at an interest rate. However, considering the inflation rates, your money may be in place. Because interest is the cash that gives you back the lost value of your money in the face of inflation. In other words, the purchasing power of your money can be thought of as standing still thanks to interest.

In countries with low inflation, the money in interest may provide a certain profit return.