September 20, 2022 | 13:27

VCBS: VND to depreciate this year

Based on the appreciation of the USD in the world market and new credit growth limits from the State Bank of Vietnam (SBV) for commercial banks, the Vietcombank Securities Company (VCBS) has forecast that the VND will depreciate by 3-4 per cent this year. It also forecasts that deposit rates will continue to increase this year, by 1-1.5 per cent.

VCBS: VND to depreciate this year
Photo: Illustration
Attention
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.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translate