SBV continually loosening banking system liquidity
Liquidity in the banking system from November 22 to November 26 was continually supported by the volume of VND supplied by the State Bank of Vietnam (SBV) from forward trade purchases. Buying foreign currency to supplement the liquidity of the VND, loosening the credit space, and reducing the ratio of short-term capital for medium and long-term loans are rare activities in monetary easing policy from the SBV.
