CD interest rates & best bank
Posted: Mon Apr 04, 2016 1:55 am
Hi,
what are the best banks which give good interest rate on CD in USA. NRE FD interest rates are better than USA CD rates but if the Dollar gets stronger and Rupee gets weaker then repatriation from NRE FD to USA gives us less dollars than what we transferred to NRE account earlier. currently $1=66 Rs. If it goes over 72 Rs. in next 3 years then our repatriation of rupees conversion to dollar gives us less dollars.
is there any best savings scheme in banks/market other than CD with same kind of features as CD with high interest with low risk.
what are the best banks which give good interest rate on CD in USA. NRE FD interest rates are better than USA CD rates but if the Dollar gets stronger and Rupee gets weaker then repatriation from NRE FD to USA gives us less dollars than what we transferred to NRE account earlier. currently $1=66 Rs. If it goes over 72 Rs. in next 3 years then our repatriation of rupees conversion to dollar gives us less dollars.
is there any best savings scheme in banks/market other than CD with same kind of features as CD with high interest with low risk.