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Rumour about exchange rate management change is inaccurate: SBV official

Rumour about exchange rate management change is inaccurate: SBV official
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Majority of credit institutions forecast profit growth in 2024

Credit institutions said the overall business performance and pre-tax profit of the banking system in the first quarter of 2024 were not as good as expected. However, they expect it will be better in the second quarter of 2024 and the whole year. ....

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Central bank revises regulations on foreign currency transactions

The State Bank of Vietnam wants to amend the current policy to increase flexibility and initiative in managing monetary and exchange rate policies in response to changes in domestic and international market conditions. ....

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More policy rate cuts forecast in 2024 to support economic growth

There is still room for the State Bank of Vietnam (SBV) to make another policy interest rate cut in 2024 to boost economic growth, analysts believed. ....

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Central bank injects large amount of money to support capital for banks

The move was quite unexpected in the context that the peak payment period near the Lunar New Year has passed. ....

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