With the return of inflation, central banks have been raising monetary policy rates with a consequent rise in interest rates. Do you know which country pays the highest interest rate on bank deposits?

ANSWER

Zimbabwe. At 95%, the African country offers the highest rate for deposits, according to Trading Economics. It is followed by Argentina, Uzbekistan and Moldova. But of course, if we discount inflation, the real rate Zimbabwe pays is only 2.7%. Not much, is it? But not bad compared to Argentina, where the effective rate is negative 33.69%.