Vietnam Money market – August 2025 – Dimming DXY outlook following rate cuts

Posted:  Sep 10, 2025

  • The overnight interbank rate hit 2-month low of 1,6% on Aug 28 before ending the month at 3,8%.
  • Deposit rates remained unchanged in August. By the end of the month, the average 12-month deposit rate at commercial banks stayed at 4,89%.
  • Foreign exchange pressures remain sticky despite the SBV’s intervention. By the month-end, the interbank exchange rate reached 26.345 VND/USD (+3,5% ytd).
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