Cayman Islands Deposit Rates (Fixed Interest)
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Bank Account Interest Rates in the Cayman Islands
The Cayman Islands is a British Overseas Territory located to east of Mexico and south of Cuba. It is a major offshore financial centre and is popular with some hedge funds, banks and other corporate entities due to its taxation laws. Its inflation ad indicated by cia.gov is 3.4% in 2011 and 0.3% in 2010. Its currency is the Cayman Islands dollar (KYD) and is pegged to the US dollar.