Vietnam's Currency Woes: Battling Depreciation amid Global Economic Headwinds
Exchange rates cannot be sacrificed for low interest rates, says deputy governor
Topic: tỷ giá
The State Bank of Vietnam Actively Pursues Measures to Restore Saigon Commercial Joint Stock Bank Operations
Deputy Governor Dao Minh Tu discusses State Bank's efforts to stabilize SCB and maintain financial system integrity at first-quarter press conference.
Vietnam Central Bank Intervenes to Stabilize Dong Amid Exchange Rate Surge
The State Bank of Vietnam has begun selling US dollars to curb a rapidly appreciating exchange rate, offering relief to banks with negative foreign currency positions.