Vietnam Money market – June 2025 – Deposit interest rate decline comes to a halt
Posted: Jul 9, 2025
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The interbank rate hit a 15-month low of 1.3%, before surging to 7% by the end of the month – the highest level since October 2022.
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We anticipate that the average 12-month deposit rates of large commercial banks will reach 4.7% by the end of 2025.
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We expect the exchange rate to fluctuate in the range of 26,600 – 26,750 VND/USD by year-end, representing a year-to-date increase of 4.5% – 5%.
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