US dollar interest rates to head south

US dollar interest rates to head south

US dollar deposit rates are forecast by industry insiders to slip downward in the coming period.
Greenbacks starting to be offloaded

Greenbacks starting to be offloaded

Greenback sales are bustling on the domestic market for the first time since the local currency was devalued against the US dollar.
Deposit rates trigger dollarisation fears

Deposit rates trigger dollarisation fears

Local banks are hiking mobilising interest rates for dollar deposits as demand for dollar-denominated credit keeps rising, a trend which has given rise to fears of dollarisation.