The dollar deposit in the bank has interest, but the interest rate of foreign currency deposit is very low compared with RMB. Foreign currency deposits can be divided into: demand deposits, seven-day call deposits, one month, three months, six months, one year and two years.

Is there any interest on the dollars deposited in the bank?

The bank deposits dollars with interest.

The term of foreign currency deposit is slightly different from that of our RMB. It can be divided into: demand deposit, seven-day notice deposit, one month, three months, six months, one year and two years.

The foreign exchange rate is foreign currency deposited in a bank, and the interest rate paid by this bank is generally the annual interest rate. The deposit interest rates of all banks in China, whether RMB or foreign currency, are the same, which are set by the central bank and implemented nationwide. Only the loan interest rate is set by the central bank, and the floating limit is set by the bank when lending within the limit.

Extended data:

1, influencing factors

Interest rate is mainly influenced by marginal productivity of capital or the relationship between supply and demand of capital.

In addition, there is the length of time promised to send money and the degree of risk taken. Interest rate policy is the main means of macro-monetary policy. In order to intervene in the economy, the government can indirectly adjust the domestic inflation level by changing interest rates.

2. Difference with exchange rate

Foreign exchange transactions are the exchange of one foreign currency into another. Quotation is the exchange rate, which is usually expressed by the conversion ratio between two currencies, such as USD/JPY and GBP/JPY. The exchange rate is the first currency and the price is expressed in the second currency. For example, the exchange rate of USD/JPY is 120. 10, which means that 1 USD is converted into 120. 10 JPY. A currency cannot be just an exchange rate. The smallest unit of exchange rate pricing is called the point. The exchange rate of GBP/JPY changed from 243.50 to 243.5438+0, that is, the exchange rate rose by one point.

Baidu encyclopedia-foreign exchange rate

Baidu encyclopedia-interest rate

If you save 2000 dollars a year, how much interest will you get?

Deposit $2,000 into a bank account with interest of 5%. After three years, you will get 2 157 dollars. Because you can get 5% interest every year; In other words, the interest of $2,000 is 100, and the interest of three years is $300.

The formula for calculating interest is: principal x interest rate x time = interest.

2000x0.05x3=300

In addition, the bank will charge a certain service fee, so the total interest will not be exactly equal to $300. I suggest you review your account every year to ensure that the interest is calculated correctly.

To be exact, after three years, your principal is $2,000 and interest is $300, so you have $2 157.

Expand knowledge: interest is the money paid to depositors every year, and it is the compensation for depositors to save money. In addition to monetary value, interest also reflects a kind of value in monetary space. Depositors increase their wealth reserves by earning interest, and banks also profit from interest. By calculating interest, depositors can judge whether it is feasible to adopt the strategy of currency storage.

China Bank deposits foreign currency, how to calculate the interest? Is there any foreign currency interest?

There are benefits. The fixed interest rate of foreign currency deposits refers to RMB, and the interest rate has nothing to do with exchange rate changes.

Personal foreign exchange deposits provided by banks in China can be divided into demand deposits, time deposits, call deposits and other deposits approved by regulatory authorities. Time deposits are divided into five grades: one month, three months, six months, one year and two years. The above deposits are divided into cash accounts and cash accounts.

There is no limit to the initial deposit amount when opening an account. The specific currency, deposit period, interest rate, opening of outlets and other unfinished matters may be different. You can consult your local China Bank or call 95566.

What currency is deposited and the interest generated is calculated in what currency. This is clearly stipulated in China's "Regulations on Savings Management".

Regulations on savings management:

Article 17 With the approval of the foreign exchange administration department, savings institutions may handle the following foreign currency savings businesses:

Current savings deposit;

Deposit and withdrawal of fixed-term savings deposits in lump sum;

Other types of foreign currency savings deposits approved by the People's Bank of China.

When handling foreign currency savings business, the principal and interest of deposits should be paid in foreign currency.

Extended data:

Regulations on savings management

Article 22 The interest rate of savings deposits shall be set by the People's Bank of China and announced after being approved by the State Council, or be set and announced by the People's Bank of China authorized by the State Council.

Twenty-third savings institutions must publish the interest rate of savings deposits, and shall not change it without authorization.

Article 24 If all unexpired time savings deposits are withdrawn in advance, interest shall be calculated and paid according to the interest rate of current savings deposits listed on the withdrawal date; If part of the withdrawal is made in advance, the interest will be calculated and paid according to the interest rate of current savings deposits announced on the date of withdrawal, and the interest will be calculated and paid according to the interest rate of fixed savings deposits announced on the date of account opening.

Twenty-fifth overdue withdrawal of time savings deposits, beyond the original deposit period, in addition to the agreed automatic transfer, according to the withdrawal date announced the interest rate of current savings deposits.

Article 26 If the interest rate of fixed-term savings deposits is adjusted during the deposit period, the interest shall be calculated and paid according to the corresponding interest rate of fixed-term savings deposits published on the date of opening the deposit certificate.

Article 27 If the interest rate of current savings deposits is adjusted during the deposit period, the interest shall be calculated and paid according to the interest rate of current savings deposits listed and announced on the interest settlement date. If all the current savings deposits are withdrawn, the interest will be calculated and paid according to the current savings deposit interest rate announced on the closing day.

Twenty-eighth depositors believe that there is an error in the interest payment of savings deposits, and have the right to apply to the handling savings institutions for review; Handling savings institutions shall promptly accept and review.

Baidu Encyclopedia-Regulations on Savings Management