August 14, 2022 | 06:22

Interbank VND interest rate falling, putting pressure on USD exchange rate

The interbank VND interest rate has fallen from 5.13 per cent per annum to 2.67 per cent, significantly narrowing the gap between VND and USD rates. This may put pressure on the exchange rate in the near term.

Interbank VND interest rate falling, putting pressure on USD exchange rate
Photo: Illustration
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