Current location - Loan Platform Complete Network - Foreign exchange account opening - Influence of spot exchange rate change on foreign exchange deposit yield
Influence of spot exchange rate change on foreign exchange deposit yield
The change of spot exchange rate will affect the expected rate of return of foreign exchange deposits. Assuming that the deposit interest rate and future exchange rate expectations remain unchanged, the impact of current exchange rate changes on the expected return of foreign exchange deposits is as follows: the depreciation of local currency will reduce the expected return of foreign exchange deposits in local currency; The appreciation of local currency will increase the expected local currency yield of foreign exchange deposits.