After many consecutive sessions of net withdrawal, the State Bank of Vietnam (SBV) last week net injected more than VND5.09 trillion (US$199.7 million) through the open market operation (OMO) and bill channels to support liquidity in the banking system.
The State Bank of Vietnam (SBV) continued its net liquidity injection in the first two trading sessions of the Year of the Snake on February 3 and 4, pumping over VND35 trillion (US$1.4 billion) into the market.
The State Bank of Vietnam (SBV) on September 17 reduced the interest rate on the open market operation (OMO) channel from 4.25% to 4% per year.
VOV.VN - The National Assembly of Vietnam approved a resolution ratifying the UK’s accession protocol to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) at the ongoing session in Hanoi on June 25.
The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.
The State Bank of Vietnam (SBV) on February 20 net injected more than VND5 trillion (nearly US$204 million) into the banking system through the open market operation (OMO) channel to support capital for commercial banks.
Vietnam’s banking system is showing signs of returning to a period of money surplus as no bank needs the State Bank of Vietnam's (SBV) capital in the open market operation (OMO) channel and overnight interbank interest rates have dropped sharply.
VOV.VN - China’s recent decision to reopen its market in early January is anticipated to have a positive impact on local businesses which export commodities to the northern neighbour.
VOV.VN - The daily exchange rate for the US dollar against the local currency (VND) has dropped after the State Bank of Vietnam (SBV) moved to withdraw cash through open market operation (OMO) and foreign currency selling channels for the seventh consecutive session.
Vietnam's economic success story has been closely associated with improved economic freedom, which will likely remain a strong driving force for the country's socio-economic development in the future, said policymakers and experts during a conference organised by the EuroCham in Hanoi on September 22.