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