Tag: Interbank exchange rate
SBV injects over US$1.4 billion into market in first two days after Tet
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.
Fed’s foreseen rate cuts affect foreign exchange rate
The latest US Federal Reserve (Fed)’s announcement to make fewer interest rate cut next year immediately impacted the USD/VND exchange rate.
