Vietnam monetary policy to persist with interest rate reduction

Vietnam monetary policy to persist with interest rate reduction

The State Bank of Vietnam (SBV) will continue with its interest rate reduction policy despite the possibility of other rate hikes by the U.S. Federal Reserve.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam central bank runs flexible monetary policy in 2022

Vietnam central bank runs flexible monetary policy in 2022

The State Bank of Vietnam has managed monetary policy in a flexible manner to curb inflation and stabilize the monetary and foreign exchange markets in 2022, a year of global fluctuations.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Dollar up again after slight drop

Dollar up again after slight drop

The U.S. dollar at commercial banks has risen against the Vietnamese dong after a slight decrease late last week.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Central bank sells greenback to stabilise forex market

Central bank sells greenback to stabilise forex market

The State Bank of Vietnam has sold about $12-13 billion in the year to date to stabilise the domestic forex market, according to Viet Dragon Securities Corporation (VDSC).

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7