The State Bank of Viet Nam made a net cash withdrawal worth VNĐ86 trillion out of the economy through open market operations (OMO) from January 20 to February 14.
The State Bank of Viet Nam has resumed open market operations for the first time since Tet (Lunar New Year) to improve liquidity in the banking system.
The State Bank of Vietnam (SBV) made a decision to cut lending rate on
the open market operations (OMO) by 0.5 per cent to 5.5 per cent per
annum from July 19 this year.