[e-gold-list] NZ banks

[Mike Schneider]

Sidd wrote:
To put this into perspective though, consider the devastation of the 
USD. My interest is in New Zealand, where I reside for much of the 
time. The USD/NZD exchange rate on this day 2001 was  2.41663
<http://www.oanda.com/convert/classic>

Today the USD/NZD exchange rate is  1.54696

This shows an increase of 56% over the 2001 price.

Thus, I have been MUCH better off keeping my money in a NZ bank at 
an interest rate of 6.5% than I would have been if I had kept it in 
gold.


Can you recommend an NZ bank that accepts deposit accounts 
(preferably with VISA debit card) from "non-natives", offers that 
6.5% rate, and doesn't soak you on conversion fees ?







Mike.

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