USD Exchange Rate Today Feb 20, 2024: Banks Uniformly Increase Rates
On the morning of February 20th, 2024, Vietnam's state bank SBV announced the reference exchange rate between the VND and USD increased by 9 dong to 23,988 dong. Exchange rates at commercial banks also saw uniform increases across the board.
Capital flows may leave Vietnam when the State Bank's 'magic wand' stops working
Speaking at the conference "Southern real estate embracing infrastructure development opportunities" organized by CafeLand, Dr. Nguyen Tri Hieu said that Vietnamese real estate has not yet seen "the light at the end of the tunnel".
The situation is now different
The State Bank of Vietnam’s (SBV) recent decisions to hike key interest rates, widen the trading band of the Vietnamese dong, and actively engage in open market operations have significantly contributed to ensuring macroeconomic stability and easing inflationary pressure The effectiveness of
Central bank pumps more money into system
HCMC – The State Bank of Vietnam (SBV) yesterday, November 3, injected some VND5,000 billion into the banking system via open market operations for a 14-day term without any withdrawals. This marked the second consecutive injection into the system, following VND15,522 billion on November 2. On the
Vietnam’s central bank announces 2nd interest rate hike in just one month
HCMC – The State Bank of Vietnam (SBV), the central bank of the nation, announced last night (October 24), that key interest rates would be hiked by one percentage point, with effect from today (October 25). This is the second interest rate increase in just one month. The interest rate cap for
MIT and The Federal Reserve Bank of Boston Release The CBDC Research
Project Hamilton, administered by the Boston Fed and MIT, has released its Phase One results. Project Hamilton is a research
Bank of America: The United States Will Release A CBDC By 2030.
Despite the fact that US government continue to experiment with the concept of creating its own central bank digital currency,
The Biden Administration Is Preparing To Release A Comprehensive Government-Wide Crypto Strategy.
The Biden administration is writing an executive order outlining a government-wide cryptocurrency policy. President Joe Biden is anticipated to get