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Topic: foreign currency

Combat against gold and foreign currency smuggling to be accelerated

Combat against gold and foreign currency smuggling to be accelerated

The campaign has been launched by Vietnam Customs.
09:00 16/05/2024
Central bank tightens control over foreign currency trading

Central bank tightens control over foreign currency trading

Some organizations found illegally trading foreign currencies.
11:16 10/03/2023
Central bank raises forex reserves as pressure eases

Central bank raises forex reserves as pressure eases

Pressure on foreign currencies has eased, with supply and demand finding a balance.
14:35 04/02/2023
SBV active in money market

SBV active in money market

In the money market last week (September 19 to September 23), the State Bank of Vietnam (SBV) continued to use open market operation tools to maintain sufficient liquidity in the system and indirectly move on the interbank interest rate level. At the end of the week, the central bank net withdrew VND34.6 trillion ($1.46 billion) through the open market channel and VND23 trillion ($967 million) through foreign currency sales. It recently increased some operating interest rates, after nearly eleven years since the last increase. Rates such as discount rates and refinancing rates were raised by 1 per cent.
13:32 28/09/2022
SBV withdraws $8.5bln

SBV withdraws $8.5bln

The State Bank of Vietnam (SBV) has net withdrawn nearly VND200 trillion ($8.5 billion) through the open market treasury bill channel in recent times. It also withdraws money through foreign currency sales. Viet Dragon Securities (VDSC) estimates that, in a bid to prevent the devaluation of the VND, the central bank has sold about $13 billion since the beginning of the year.
10:20 15/07/2022

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VnEconomy Vietnam Economic Times (VET)


Chairman of the Editorial Board:

Dr. Chu Van Lam

Editor-in-Chief:

Chu Thi Hanh

General Managing Editor:

Mr. Dao Quang Binh


LICENCE No. 272/GP-BTTTT DATED JUNE 26, 2020 BY THE MINISTRY OF INFORMATION AND COMMUNICATIONS

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