19:47 02/08/2022

USD/VND exchange rate cools

Vũ Phong -

The USD/VND exchange rate quickly cooled last week after flexible regulatory moves from the State Bank of Vietnam. Interbank interest rates, meanwhile, skyrocketed over the last week. In just one and a half months, the interbank overnight lending rate has increased more than ten times and the one-week term lending rate more than five times.

Photo: Illustration
Photo: Illustration