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Money Market Rates


RateCity Staff

By RateCity Staff

1 min read

Money market rates during the past 12 months have been extremely volatile and change on a daily basis. Banks, Building Societies and Credit Union monitor these rates and use them to determine their own term deposit rates for the retail market. For many the rates also change on a daily basis and from time to time there are opportunities for savvy investors to snap great deals by being up to date with the money markets.

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