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Saturday, April 20, 2024

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exchange rate

Central bank pumps more money into system

HCMC – The State Bank of Vietnam (SBV) yesterday, November 3, injected some VND5,000 billion into the banking system via open market operations for...

Why a wider trading band

The State Bank of Vietnam (SBV) on October 17, 2022 widened the trading band of the Vietnamese dong currency from 3% to 5% on...

Where has all the cash gone?

Capital mobilization by credit institutions has grown at a snail’s pace and lags behind credit growth quotas despite consecutively increasing interest rates since early...

Vietnam dong weakens ahead of Fed meeting

HCMC – The Vietnamese dong currency has dropped against the U.S. dollar in the lead up to the U.S. Federal Reserve (Fed) meeting where...

Will ample supply ease exchange rate tension?

What came as a surprise is that after two stressful weeks, the foreign exchange rate on August 29 showed signs of stabilizing though the...

The race to hike interest rates is on

Savings interest rates are on the rise and likely to go up further in the coming months. Adding 0.5-1 percentage point per annum to the...

Exchange rate seen stable this year

HCMC - The exchange rate between the U.S. dollar and the Vietnamese dong is forecast to move in a range of VND23,288 and VND23,515...

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