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Vietnam eyes rate cuts amid ample liquidity and FX pressure
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Vietnam eyes rate cuts amid ample liquidity and FX pressure
Interbank overnight rates have fallen below 2 per cent. The market shows little interest in borrowing from the State Bank (SBV) via the Open Market Operation (OMO) due to abundant system liquidity. And some banks are continuing to lower deposit rates. What is your assessment of this development? Hoang Xuan Trung, head of corporation sales and solutions at Citi Vietnam's Global Markets From June 18-24, overnight interbank market inter…
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