Interbank interest rate

Interbank interest rates cool down.

Interbank interest rates fell by 0,2-0,8 percentage points across short-term maturities compared to previous sessions.

What is the interbank interest rate?

Interbank interest rates, or overnight rates, are the rates charged by banks for loans to each other. These rates are set by the State Bank of Vietnam to regulate the economy.

Interbank interest rates unexpectedly surged in the final days of the year.

Experts believe that the continuous rise in interbank interest rates in recent sessions is due to the approaching end of the fourth quarter.

Interbank interest rates reverse direction.

Interest rates on Vietnamese Dong loans in the interbank market have fallen sharply to near the level of USD lending rates, forcing the State Bank of Vietnam to reverse the flow of money in this channel from net injection to net withdrawal.

As Tet approaches, the State Bank of Vietnam injects a massive amount of money into the market.

To support liquidity, the State Bank of Vietnam injected a net 23.300 billion VND through open market operations last week.

Interbank interest rates hit a two-year low.

Interbank interest rates for 1-week and 2-week maturities both decreased during the week of October 19-23, falling by 0,1 percentage points and 0,02 percentage points respectively to 0,18%/year and 0,19%/year.

The interest rate race has ended, and the exchange rate has only experienced minor fluctuations.

Over the past six months, the USD price has increased by more than 1%, but this has not disrupted public sentiment or supply and demand.

Interbank interest rates for 9-month terms unexpectedly increased.

(VTC News) - While the overnight interbank interest rate fell by nearly 3% per year, the 9-month interbank interest rate unexpectedly increased by more than 7% per year.

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