Core Insights - The current interest rates for USD deposits are significantly higher than those for RMB, with some banks offering rates above 4%, attracting attention from depositors [2][3] - The fluctuation of interest rates is influenced by the Federal Reserve's actions, with recent cuts leading to a decrease in rates offered by many banks [3] - There is a notable disparity in interest rates among different banks, with smaller banks and foreign banks generally offering higher rates compared to state-owned banks [3][4] Interest Rate Trends - Recently, some city commercial banks offered rates above 4%, but these have dropped to around 2.5% within a couple of months due to the Federal Reserve's rate cuts [3] - The stability of interest rates from smaller banks is questionable, as they previously raised rates to attract deposits but are now reducing them due to cost pressures [3] Currency Exchange Risks - Depositors are cautioned about the risks associated with currency exchange, as fluctuations in exchange rates can negate the benefits of higher interest rates [2][4] - There are limitations on currency exchange quotas, which can restrict the ability to convert funds when needed [3] Investment Considerations - While the allure of a 4.2% interest rate is strong, it is not guaranteed that all depositors will benefit, and potential investors should assess their tolerance for exchange rate volatility [4] - It is suggested that individuals consider the overall stability of their investments rather than solely focusing on interest rates [4]