Dossier
dollar deposits
Coverage of dollar deposits in the Nexus archive.
- Bolivia Chases $4 Billion Hidden Under the Mattress to Refill Banks
Bolivia aims to recover approximately $4 billion in cash held outside its banking system by assuring that new dollar deposits will not be frozen. The government is promoting this policy to encourage funds to return to banks.
- China Allows Some Banks to Offer Higher Rates on Dollar Deposits
China has permitted certain banks to offer higher interest rates on dollar deposits. The policy change allows selected financial institutions to adjust rates beyond standard levels for U.S. dollar-denominated savings.