What is the risk of depositing in the bank?
The central bank determines the approvals and principles of banking, and all private and public banks must follow the approvals of the central bank. The banks’ policies are in the monetary and banking field, where economic and capital market experts and activists object to some of these approvals, and an economic expert has explained the reason for criticizing these approvals.
Bahman Fallah, an economic expert, said: The increase in the interbank interest rate, in the range of two to three percent, does not have much effect on the money market. That is, in terms of inter-bank operations that banks do for monetary balance, two to eight percent has no effect and is normal. The important thing here is that this two to three percent is within the bank interest rate range and cannot have a negative impact.
He continued: On the other hand, some believe that the increase in the interbank interest rate also has an effect on the capital market, but this hypothesis is wrong. The most important criticism that capital market activists have on the money market is that in some short-term money market deposits, they earn as much interest as one-year deposits. In principle, it can be said that the Central Bank’s approvals regarding the money market are not respected.
This expert of financial markets emphasized: Some banks have not followed the rules and approvals of the Central Bank in paying deposits, and in some way they have paid the interest of one year’s deposit.
How much is the bank’s violation of the rules / the risk of depositing in the bank?
According to Fallah, money goes from the capital market to the money market; Because the risk of this market is low.
This financial market expert explained: The monetary policies of the central bank during the new presidency were completely logical and standard. But there is little criticism of foreign exchange policies, and most of the capital market activists also criticize the central bank’s foreign exchange policies. Foreign exchange policies have been protested due to the multi-rate exchange rate and the huge difference between the Nima rate and the nominal exchange rate in the market. In any case, the exchange rate must be coordinated with the nominal exchange rate in the market. It means that it is only a few percent lower, at different times this difference was between 20 and 30 percent.
Pointing out that stock exchange companies use half dollar, he said: With the major difference between the free market dollar rate and half dollar, there is a currency suppression against exporting companies. Finally, the rent reaches some people.
In the end, Fallah stated: The main duties of the Central Bank is to monitor the policies, it should be one of the normal currency or monetary policies. But this is not the case, and the central bank’s monetary policies are almost normal, and on the other hand, foreign exchange policies have a big impact on the economy and the capital market.
Tejarat News