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October 28, 2022 | 20:16

Exchange rate and interbank interest rate down sharply

The VND interest rate on the interbank market fell on October 28 for all terms, while the USD/VND exchange rate was also down sharply. Analysts believe the falls reveal that changes in monetary policy management over recent times have been partly effective.

Exchange rate and interbank interest rate down sharply
Photo: VnEconomy

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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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