Central bank acts to tighten dong liquidity

Central bank acts to tighten dong liquidity

The State Bank of Vietnam (SBV) has net withdrawn VND57.6 trillion through open market operation (OMO) and foreign currency selling channels to maintain the liquidity of the banking system at a sufficient level and create indirect impacts on the interbank interest rates.
Interbank interest rates cool down thanks to good liquidity

Interbank interest rates cool down thanks to good liquidity

The liquidity of the banking system has risen recently, helping cool interbank interest rates.