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central rate

Remittances to HCMC reaches 1.15b in Q1

Remittances to HCMC reaches $1.15b in Q1

Remittances to HCM City in the first quarter of this year is estimated to have reached US$1.15 billion, up $250 million against last month.
Flexible fx rate mechanism stabilises market

Flexible fx rate mechanism stabilises market

On Monday, SBV began applying a daily-adjusted "central rate" instead of maintaining a fixed reference rate for a long period of time. Le Duc Tho, General Director of VietinBank, talked to Vietnam News Agency reporter Thuy Ha about the change.