Question

where are interest rate lower for borrowers: the domestic or the global market ?

Answer 1

Interest rate are generally lower is developed or advanced markets like American and European markets and it is higher for emerging markets like Africa and Asia. Therefore for borrows of emerging markets, usually interest rates are lower in the global market in comparison of their domestic market but for the borrowers from the developed or advanced markets, the interest rates are generally lower in the domestic markets in comparison of the global markets. Although, the cost of borrowing is normally higher in the global markets and lower in domestic market.