Interest rates for Vietnam dong currency have steadily inched down recently but dollar interest rates on the interbank market have remained high, fueling concern over forex speculation A widening interest rate differential This month, numerous banks have continued cutting deposit interest rates. Bac A Bank, for example, has trimmed deposit rates for tenors longer than six months by 0.15 to 0.2 percentage point. Deposits of one to five months and those longer than 13 months at VPBank have got their interest rates cut by 0.2 point while the rates for […]
Interest rates for Vietnam dong currency have steadily inched down recently but dollar interest rates on the interbank market have remained high, fueling concern over forex speculation A widening interest rate differential This month, numerous banks have continued cutting deposit interest rates. Bac A Bank, for example, has trimmed deposit rates for tenors longer than six months by 0.15 to 0.2 percentage point. Deposits of one to five months and those longer than 13 months at VPBank have got their interest rates cut by 0.2 point while the rates for […]
Interest rates for Vietnam dong currency have steadily inched down recently but dollar interest rates on the interbank market have remained high, fueling concern over forex speculation A widening interest rate differential This month, numerous banks have continued cutting deposit interest rates. Bac A Bank, for example, has trimmed deposit rates for tenors longer than six months by 0.15 to 0.2 percentage point. Deposits of one to five months and those longer than 13 months at VPBank have got their interest rates cut by 0.2 point while the rates for […]
The dollar-dong exchange rate has regained stability after the U.S. Federal Reserve slowed its interest rate hikes. This has allowed the State Bank of...
The Vietnamese dong currency remains remarkably stable while other currencies are sliding against the U.S. dollar. This situation makes foreign exchange rate management increasingly...
Government agencies are discussing how to launch a sufficiently large stimulus package to help the economy recover and develop after Covid-19. In the current...