Capital has become very cheap with the Vietnam dong interest rates in the interbank market having fallen to a four-year record low, according to the Vietnam Interbank Market Research Association. Inflation Exchange rate Before VIRA made predictions for August, the spot-delivery dollar price in the interbank market stayed at VND23,175 per dollar for some consecutive trading sessions. Before VIRA made predictions for August, the spot-delivery dollar price in the interbank market stayed at VND23,175 per dollar for some consecutive trading sessions. Lending Government bonds Le Ha Banks struggle to raise capital amid Covid-19 In light of the unpredictable developments relating to the Covid-19 pandemic, many banks in Vietnam are attempting to raise capital but most of their plans have been delayed, Will foreign investors’ capital withdrawal put pressure on the exchange rate? Explaining the appreciation of the US dollar recently, Nguyen Duc Do from the Finance Academy said that in the current uncertainty, investors have sold their assets and sought shelter in the dollar.
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