Vietnam Money Market – May 2025 – Exchange rate heatwave persists
Posted: 05/06/2025
- The interbank rate hovered around 4% throughout May before dropping to 3.1% by month-end.
- The interbank exchange rate hit an all-time high at 26,029 VND/USD on May 29, before ending the month at 26,008 VND/USD (+2.2% compared to the beginning of the year).
- By the end of May, the average 12-month deposit rate at commercial banks had decreased by 16bps from the start of 2025, reaching 4.89%.
Share:
Don't have an MBS account?
Open an accountStart trading and stay informed with timely updates and valuable reports from MBS.
If you have an MBS account, please register to receive reports from MBS.
Get the latest market updates and corporate insights from MBS.