Published Date: 09/08/2022
Summary:
SBV sold foreign currencies and withdrawal in a large amount through the open market, which put pressure on the system's liquidity, and caused interbank interest rates to increase sharply in all terms in the last week of July. The USD/VND exchange rate cooled down after the stressful period in mid-July. STV issued VND 9,335bn of G-bonds during the month. Secondary G-bonds yields increased sharply compared to the previous month. Foreign investors net sold VND 642bn of G-bonds in July
