SBV supports liquidity while USDVND rises

This week, the SBV recorded a significant injection through the repo instrument to support the banking system amid a tighter liquidity condition, with short-term interbank rates surging. On the FX market, USDVND edged higher as the buying of foreign equity investors eased sharply. Globally, the U.S. Dollar Index continued to strengthen, supported by robust U.S. economic data, despite brief pressure from political uncertainties related to the Fed’s leadership.