Vietnam Money market – Mar 2025 – FX risk tilt to the upside
Posted:04/04/2025
- SBV’s net injection helped interbank interest rates fluctuate within the range of 3.2% – 4.6% throughout the month.
- Although the DXY declined sharply during the month, the interbank USD/VND exchange rate remained at a high level, ending the month at 25,563 VND/USD (+0.4% compared to the beginning of the year).
- We expect deposit rates to range between 5.5% – 6% by the end of 2025.
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