interbank interest rate sharply rises hinh 0
The rate increased from 0.34%-0.92%, pushing the overnight rate to 3.02%, one week at 3.28% and two weeks at 3.56%, respectively. 

The increase reflects higher demand for dong with the Tet (Lunar New Year) festival approaching.

Meanwhile, the reference VND/USD exchange rate stands at 22,730 VND/USD as listed by commercial banks, dropping from the previous rate of between 22,745-22,750 VND/USD.

The State Bank of Vietnam continues to buy a large amount of foreign currencies, with over US$4 billion purchased since the beginning of this year, raising the country’s foreign reserves to more than US$57 billion.

From english.vov.vn
12/02/2018 07:25 GMT+7
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