What is interest rate?Interest Rate
The price of borrowing money, usually shown as an annual percentage.
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- Forex BasicsWhat Is Forex?
Changing money before a trip abroad is a forex trade. When the exchange rate moves, the same money buys a different amount of foreign currency.
- Interest Rates & SwapsInterest Rates and Compounding
An interest rate is the "price of money". Compounding makes time your most powerful force, and central banks influence everything through the policy rate.
- Interest Rates & SwapsInflation and Real Interest Rates
Your savings earn 2% and prices rise 4%: do you have more money or less? Tell nominal from real interest rates to see what a rate truly means.
Related terms
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