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Foreign reserves hit record high of US$57 billion

Foreign reserves hit record high of US$57 billion

The State Bank of Vietnam (SBV) continues to build up its foreign exchange reserves to cushion external shocks, raising the fund to a new record high of more than US$57 billion till February 6.

Central bank policies expand foreign reserves

Central bank policies expand foreign reserves

Adoption of appropriate policies by the State Bank of Vietnam (SBV) has helped it buy a large amount of US dollar to increase the nation’s foreign reserves, industry insiders said.

Dong-dollar exchange rate hits record high

Dong-dollar exchange rate hits record high

The State Bank of Vietnam on November 17 raised the reference VND/USD exchange rate by eight dong, taking it to a record high of VND22,101 per US dollar.

SBV marks 65th anniversary

SBV marks 65th anniversary

VOV.VN - On April 26, Prime Minister Nguyen Xuan Phuc attended a ceremony marking the 65th anniversary of the State Bank of Vietnam (SBV) which received the Ho Chi Minh Order for the third time.

Forex reserves hit US$37 billion

Forex reserves hit US$37 billion

The country's foreign exchange reserves excluding gold have been increasing continuously, reaching US$37 billion by the end of July, Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh said.

Vietnam: dipping into reserves?

Vietnam: dipping into reserves?

(VOV) - The Vietnamese government has proposed plans to borrow from its foreign exchange reserves after struggling to issue debt in the bond markets – seven bond auctions failed in May alone.

Government moves to top up foreign reserves

Government moves to top up foreign reserves

Vietnam's government has added sources formulating the State foreign reserves, which is viewed as a good move to enrich the reserves and strengthen the resilience of the economy.

Forex reserves rise to US$35 billion

Forex reserves rise to US$35 billion

The State Bank of Vietnam received US$10 billion in the first four months of 2014, raising the total foreign reserves to US$35 billion, Governor Nguyen Van Binh announced.