Vietnam central bank may continue cash withdrawal to keep forex rate stable
The State Bank of Vietnam (SBV), the country’s central bank, is expected to continue withdrawing cash from the banking system through open market operations (OMO) in order to narrow the dong-dollar interest rate gap and keep the USD/VND rate stable, analysts have said.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam currency likely to remain stable, more or less: analyst
The USD/VND exchange rate is unlikely to undergo major fluctuations in the remaining months of this year, thanks to solid macroeconomic fundamentals, an analyst says.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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