Vietnam's Central Bank raises dollar/dong rate by 1 pct

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Báo Thanh Niên English 3 month(s) ago

The State Bank of Vietnam raised the dollar-dong rate by 1 percent to 21,246 on Thursday.

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SBV plays down impact of forex rate change

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VietnamPlus English 3 month(s) ago 1 related news

With the current low rate of inflation, the latest adjustment of the VND/USD exchange rate will have little impact on the goal of inflation control, a central bank official has said.

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Vietnam to lower dong by 1 pct against dollar from Thursday

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Báo Thanh Niên English 3 month(s) ago

Vietnam will lower the mid-point rate for trading its currency on the interbank market by 1 percent on Thursday to support exports, the key driver of the economy, the central bank said.

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VND/dollar exchange rate increases slightly

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SaiGon GP English 3 month(s) ago

VND/dollar exchange rate increases slightly

The State Bank of Vietnam on June 18 adjusted the average interbank exchange rate from VND21,036 to VND21,246 per US dollar, an increase of 1 percent.

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Inter-bank rate raised by 1 per cent

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Báo Dân Trí English 3 month(s) ago

Inter-bank rate raised by 1 per cent

The dong/US dollar inter-bank exchange rate increases by one per cent today after remaining intact for a year.

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Inter-bank rate raised by 1 per cent

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VietNam News English 3 month(s) ago 1 related news

The dong/US dollar inter-bank exchange rate increases by one per cent today after remaining intact for a year.

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Vietnam dong officially devalued 1pct against greenback

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Báo Tuổi Trẻ English 3 month(s) ago 1 related news

Vietnam dong officially devalued 1pct against greenback

The State Bank of Vietnam (SBV) on late Wednesday evening announced the decision to adjust the exchange rate between the Vietnam dong and the US dollar.

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Commercial banks are indifferent to SBV refinancing

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VietnamNet English 3 month(s) ago

Commercial banks are indifferent to SBV refinancing

VietNamNet Bridge – Surprisingly, no commercial bank has asked for refinancing from the State Bank (SBV), although SBV is ready to disburse funds.

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Vietnam, Russia accelerate interbank payments

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VOV News English 4 month(s) ago

Vietnam, Russia accelerate interbank payments

(VOV) - Russia is making significant progress in bringing its commercial banking settlements up to international standards, a Vietnam-Russia Working Group for Inter-Bank Cooperation in Moscow announced on June 4.

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Bond yield plunges ceaselessly on capital excess

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VietnamNet English 5 month(s) ago

Bond yield plunges ceaselessly on capital excess

VietNamNet Bridge – Interest rates of government bonds issued by the State Treasury have dropped to new lows recently, forcing institutional investors to reduce their purchase volumes.

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Predicated drop in lending rate anticipated

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Báo Đầu Tư English 8 month(s) ago

Predicated drop in lending rate anticipated

While deposit rates remain fixed, the bank lending rate could fall further due to the banking capital surplus.

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Deutsche Bank announces 965m euro loss in Q4

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Báo Đầu Tư English 9 month(s) ago

Deutsche Bank announces 965m euro loss in Q4

Deutsch Bank, Germany's biggest bank, announced late Sunday a surprise net loss of 965 million euros (US$1.3 billion) in the fourth quarter of 2013 because of litigation costs and weakening revenues.

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Borrowing costs face upward pressure

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VietnamPlus English 9 month(s) ago

Interest rates increased sharply in the interbank market in the last few weeks of December 2013, revealing a huge demand for liquidity at banks.

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US tax compliance act threatens tardy banks

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Báo Đầu Tư English 9 month(s) ago

US tax compliance act threatens tardy banks

From July 1, 2014, the US Foreign Account Tax Compliance Act (FATCA) will take effect. In essence, banks that choose to do nothing on FATCA will be subject to a 30 per cent reduction in the interest they receive on deposits at other banks, on interbank and on nostro balances.

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Interbank rate sees year-end increase

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VietnamPlus English 9 month(s) ago 1 related news

Interbank rate sees year-end increase

High capital demand from commercial banks raised the borrowing interest rates in the interbank market in the last week of 2013, the central bank's statistics showed.

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