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SBV takes more actions to stabilise foreign exchange rates

SBV takes more actions to stabilise foreign exchange rates
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Vietnam central bank pumps cash to save troubled lender SCB

Vietnam’s central bank has pumped in money to support Saigon Commercial Bank (SCB), which experienced a run triggered by the arrest of real estate tycoon Truong My Lan in October 2022.

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Vietnam Central Bank Ready to Intervene as Dong (VND USD) Falls to Record Low

Vietnam Central Bank Ready to Intervene as Dong (VND USD) Falls to Record Low
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Vietnam central bank ready to cool USD/VND rally: Deputy Governor

The State Bank of Vietnam (SBV) stands ready to make needed interventions to curb the worrisome strengthening of the U.S. dollar against the local currency, a senior official has said.

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Vietnam continues support for bank engulfed in massive fraud, central bank says

Vietnam s central bank said on Friday it had continued providing support to Saigon Joint Stock Commercial Bank , which it put under special supervision in October 2022 after a run on its deposits. .

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