Does the Current Inflation Rate Affect Your Fixed Deposit Investment?
Fixed deposits have long been a popular investment choice in Nigeria, offering a safe haven for those seeking steady returns with minimal risk. However, with the nation's inflation rate soaring to an alarming 29.9% as of February 2024, a burning question arises: Does the current inflation substantially diminish the real value of your fixed deposit …
Does the Current Inflation Rate Affect Your Fixed Deposit Investment?