Vietnam central bank slows down cash withdrawal as exchange rate remains stable
The State Bank of Vietnam (SBV), the country’s central bank, has reduced the volume of T-bills put up for auction as the USD/VND exchange rate stays stable.
Banking - Wed, March 27, 2024 | 5:14 pm
Vietnam central bank continues cash withdrawals with $1.82 bln in 3 days
The State Bank of Vietnam (SBV), the country’s central bank, withdrew a total of VND45 trillion ($1.82 billion) over three consecutive days ending Wednesday in an attempt to cool the U.S. dollar rally in the country.
Banking - Thu, March 14, 2024 | 11:04 am
Vietnam central bank withdraws $609 mln in cash after 4-month hiatus amid weakening VND
The State Bank of Vietnam (SBV), the country’s central bank, on Monday withdrew VND15 trillion ($608.6) million in cash from circulation via a T-bill auction after a four-month hiatus as the local currency has devalued rapidly since the start of the year.
Banking - Tue, March 12, 2024 | 9:55 am
Interbank interest rates rise as Vietnam regulator squeezes excess liquidity
Interest rates in Vietnam’s interbank market have risen in recent days as the banking regulator remains aggressive with excess liquidity, aiming to limit the weakening of the dong.
Banking - Sat, October 21, 2023 | 10:09 am
Vietnam central bank likely to withdraw more cash: analyst
The State Bank of Vietnam (SBV), the country’s central bank, has been issuing treasury bills to reduce excess liquidity in the system and is likely to continue to do so next week, said an analyst at leading broker SSI Securities.
Banking - Sat, September 30, 2023 | 2:43 pm
Vietnam central bank 'wise' to use T-bills to stabilize exchange rate
The State Bank of Vietnam’s (SBV) intervention to stabilize the exchange rate via treasury bills (T-bills) is a careful calculation and a wise solution, according to MayBank Securities.
Banking - Mon, September 25, 2023 | 7:45 pm
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- Editor’s Picks
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LG’s chemicals arm records modest 2023 profits in Vietnam
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Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
-
SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
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AG&P LNG to start operating southern Vietnam LNG terminal in Sept
