“CBI’s interest rates for forex deposits are 3% for euro and 4% for the US dollar, but the decision and policy of CBI is to allow banks to absorb deposits at their own rates,” Mehdi Kasraei-Pour also told the website of Mehr News. He said banks are free in this regard if only they operate within the general framework approved by CBI, stressing that forex deposit rates will prove attractive when compared with global rates, according to Financial Tribune.