Tag: State Bank of Vietnam
Central bank moves to sell SJC gold bars at ‘stable prices’
VOV.VN - The State Bank of Vietnam (SBV) on June 3 sold SJC branded gold bars to four State commercial banks and a gold and gemstones company at a stable price in an effort to narrow the disparity between domestic and global gold bar prices.
Central bank refutes currency band rumours, claims within range
VOV.VN - A senior official of the State Bank of Vietnam has silenced rumours that the central bank has adjusted the currency band, saying the recent exchange rate fluctuations in the market still fall within the already fixed 5% range.
Gov’t requests more efforts to rein in galloping gold market
VOV.VN - The government has requested an immediate inspection of gold bar trading in an attempt to stabilize the domestic gold market that has grabbed the headlines for the past few weeks.
SBV ready to intervene to stabilise foreign exchange rate: Deputy Governor
The State Bank of Vietnam (SBV) will manage the exchange rate flexibly, adjusting in line with general trends while still ensuring macro-economic stability and foreign currency balance, said its Permanent Deputy Governor Dao Minh Tu.
State bank again cancels May 3 gold auction
VOV.VN - The State Bank of Vietnam decided to cancel a gold bullion auction due to take place on May 3 morning after only a bidder applied for registration.
Central bank to continue gold auction on May 3
The State Bank of Vietnam will auction an additional 16,800 taels of SJC-branded gold bars to businesses at 9am on May 3, it said in a statement released on May 2.
Majority of credit institutions forecast profit growth in 2024
A total of 86.2% of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Vietnam (SBV).
Central bank to sell 16,800 taels of gold bullion to stabilize local market
VOV.VN - The State Bank of Vietnam (SBV) is scheduled to hold a gold bullion bidding session on April 23 in an effort to increase the supply of gold bullion and stabilize the domestic gold market that has made national headlines in recent times.
Central bank begins currency intervention to address market volatility
VOV.VN - The State Bank of Vietnam (SBV) has begun selling US dollars to intervene in the currency market for banks that have a negative foreign currency balance and those that want to buy, said Pham Chi Quang, an official of the central bank, at a press briefing held on April 19.
Vietnam holds gold bullion bidding session today
VOV.VN - The State Bank of Vietnam (SBV) is scheduled to hold a gold bullion bidding session on April 17 in an effort to increase the supply of gold bullion and stabilize the domestic gold market that has made national headlines in recent times.
