With the money placed in bank accounts at a high interest rate late last year and early this year reaching maturity, plus the central bank’s policy interest rate cuts, a massive volume of cash from the savings channel has probably begun to shift away. Liquidity soars After the State Bank of Vietnam (SBV) brought down its policy interest rates for the third time in late May, liquidity in the stock market started to vastly improve. Specifically, the average matched trading volume on the HOSE was 639 million shares per session […]
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