November 23, 2021 | 16:36

SBV’s foreign currency purchases put large volume of VND into market

Data from SSI Research shows that the State Bank of Vietnam’s purchase of foreign currency from commercial banks has injected some VND60 trillion ($2.64 billion) into the market, helping reduce the interbank interest rate.

SBV’s foreign currency purchases put large volume of VND into market
Photo: Illustration from vneconomy.vn
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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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