This week, the SBV returned to net liquidity withdrawal as demand cooled, while the interbank curve steepened with sharp declines in short-term rates and slight increases at the long end, reflecting improved liquidity conditions that kept money market rates broadly stable. On the FX side, USDVND rose 0.19% despite a softer dollar globally, as strong foreign net selling on Vietnam’s stock market outweighed external factors such as Fed cut expectations, U.S.–China trade negotiations, and U.S.–Russia tensions over Ukraine.

This week, the SBV returned to net liquidity withdrawal as demand cooled, while the interbank curve steepened with sharp declines in short-term rates and slight increases at the long end, reflecting improved liquidity conditions that kept money market rates broadly stable. On the FX side, USDVND rose 0.19% despite a softer dollar globally, as strong foreign net selling on Vietnam’s stock market outweighed external factors such as Fed cut expectations, U.S.–China trade negotiations, and U.S.–Russia tensions over Ukraine.

This week, the SBV returned to net liquidity withdrawal as demand cooled, while the interbank curve steepened with sharp declines in short-term rates and slight increases at the long end, reflecting improved liquidity conditions that kept money market rates broadly stable. On the FX side, USDVND rose 0.19% despite a softer dollar globally, as strong foreign net selling on Vietnam’s stock market outweighed external factors such as Fed cut expectations, U.S.–China trade negotiations, and U.S.–Russia tensions over Ukraine.

This week, the SBV returned to net liquidity withdrawal as demand cooled, while the interbank curve steepened with sharp declines in short-term rates and slight increases at the long end, reflecting improved liquidity conditions that kept money market rates broadly stable. On the FX side, USDVND rose 0.19% despite a softer dollar globally, as strong foreign net selling on Vietnam’s stock market outweighed external factors such as Fed cut expectations, U.S.–China trade negotiations, and U.S.–Russia tensions over Ukraine.

This week, the SBV returned to net liquidity withdrawal as demand cooled, while the interbank curve steepened with sharp declines in short-term rates and slight increases at the long end, reflecting improved liquidity conditions that kept money market rates broadly stable. On the FX side, USDVND rose 0.19% despite a softer dollar globally, as strong foreign net selling on Vietnam’s stock market outweighed external factors such as Fed cut expectations, U.S.–China trade negotiations, and U.S.–Russia tensions over Ukraine.

This week, the SBV returned to net liquidity withdrawal as demand cooled, while the interbank curve steepened with sharp declines in short-term rates and slight increases at the long end, reflecting improved liquidity conditions that kept money market rates broadly stable. On the FX side, USDVND rose 0.19% despite a softer dollar globally, as strong foreign net selling on Vietnam’s stock market outweighed external factors such as Fed cut expectations, U.S.–China trade negotiations, and U.S.–Russia tensions over Ukraine.

This week, the SBV returned to net liquidity withdrawal as demand cooled, while the interbank curve steepened with sharp declines in short-term rates and slight increases at the long end, reflecting improved liquidity conditions that kept money market rates broadly stable. On the FX side, USDVND rose 0.19% despite a softer dollar globally, as strong foreign net selling on Vietnam’s stock market outweighed external factors such as Fed cut expectations, U.S.–China trade negotiations, and U.S.–Russia tensions over Ukraine.

This week, the SBV returned to net liquidity withdrawal as demand cooled, while the interbank curve steepened with sharp declines in short-term rates and slight increases at the long end, reflecting improved liquidity conditions that kept money market rates broadly stable. On the FX side, USDVND rose 0.19% despite a softer dollar globally, as strong foreign net selling on Vietnam’s stock market outweighed external factors such as Fed cut expectations, U.S.–China trade negotiations, and U.S.–Russia tensions over Ukraine.

This week, the SBV returned to net liquidity withdrawal as demand cooled, while the interbank curve steepened with sharp declines in short-term rates and slight increases at the long end, reflecting improved liquidity conditions that kept money market rates broadly stable. On the FX side, USDVND rose 0.19% despite a softer dollar globally, as strong foreign net selling on Vietnam’s stock market outweighed external factors such as Fed cut expectations, U.S.–China trade negotiations, and U.S.–Russia tensions over Ukraine.

This week, the SBV returned to net liquidity withdrawal as demand cooled, while the interbank curve steepened with sharp declines in short-term rates and slight increases at the long end, reflecting improved liquidity conditions that kept money market rates broadly stable. On the FX side, USDVND rose 0.19% despite a softer dollar globally, as strong foreign net selling on Vietnam’s stock market outweighed external factors such as Fed cut expectations, U.S.–China trade negotiations, and U.S.–Russia tensions over Ukraine.