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August 11, 2021 | 14:12

Central bank pumps over $5 bln into foreign currency market

The State Bank of Vietnam (SBV) has pumped some VND118 trillion ($5.13 billion) into the foreign currency market after completing nearly 75 per cent of its purchase contracts. Liquidity in the banking system is expected to remain abundant for the time being, with some VND40 trillion ($1.74 billion) flowing through the channel during the remainder of August.

Central bank pumps over $5 bln into foreign currency market
Photo: Illustration

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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