The global inflation that occurs in different countries over time. Take my country Nigeria for instance, the world bank has posited that we'll likely be experiencing the highest inflation of Over 15%. That means if my country's currency is USD for instance, over a decade period, the interest on my HBD tagged to one USD will not be profitable.
The global inflation that occurs in different countries over time. Take my country Nigeria for instance, the world bank has posited that we'll likely be experiencing the highest inflation of Over 15%. That means if my country's currency is USD for instance, over a decade period, the interest on my HBD tagged to one USD will not be profitable.