On April 15, the State Bank of Vietnam (SBV) conducted two repo operations totalling over VND 7.9 trillion (US$305.5 million), offering liquidity at 4 percent interest as the dong weakened to VND 24,899 against the US dollar, according to data from the SBV.

Key data:

The SBV offered 7-day repos worth VND 6,366.76 billion (US$246.34 million), maturing April 22
A second 21-day repo of VND 1,529.4 billion (US$59.18 million) will mature May 6
Interest rate for both repos remained at 4.00 percent
The central exchange rate rose to VND 24,899, up 13 dong from the previous day
Vietcombank’s listed rates stood at VND 25,650 (buy) and VND 26,010 (sell)

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