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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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State Bank of Vietnam shifts to net withdrawal of nearly 74 trillion dong via OMO. Week 06-13 April, the State Bank of Vietnam (SBV) officially ended a two-week streak of net injections on the Open Market Operations (OMO) as system liquidity stress appeared to ease markedly. Net injection/withdrawal trend in OMO over more than a year. Unit: billion dong. Source: VietstockFinance Specifically, the authority injected only 104.071 trillion dong of new liquidity into the system via OMO, with tenors of 7-56 days and an interest rate of 4.5%. By contrast, maturities totaled 177.973 trillion dong returning to SBV. As a result, the system recorded a net withdrawal of 73.902 trillion dong, reducing OMO outstanding in the system to 241.891 trillion dong. Interbank rates across tenors over the past year showed fluctuations. The overnight rate fell 35 basis points to 5.94% per annum, while the 1-week tenor rose 33 basis points to 6.49% per annum. The 2-week tenor remained flat at 6.56% per annum. For longer tenors, the 1-month rate declined by 21 basis points to 7.56% per annum, while the 3-month tenor rose 12 basis points to 7.83% per annum. In the foreign exchange market, the USD strength weakened. The USD Index (DXY) ended the week at 98.44, down 1.37 points from the prior week, retreating to the weakest level in about a month since Middle East tensions escalated. The market continues to closely monitor geopolitical developments in the Middle East, while assessing new signals from U.S. inflation. Data show that the impact from the conflict with Iran began to reflect in prices. The U.S. CPI for March rose 0.9% month-on-month—the largest increase since June 2022—pushing annual inflation to 3.3%, the highest since May 2024. The main driver was a sharp rise in energy prices by 10.9%. Domestically, the exchange-rate level at banks remained near the ceiling but signs of cooling emerged. By the end of the week of 10/04, Vietcombank quoted USD at 26,100 – 26,360 dong/USD (buying – selling), down 12 dong on the buy side and 2 dong on the sell side compared with the previous week. Khang Di

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