New regulations on USD deposit interest rates in Vietnam

HANOI, 7th October, 2024 (WAM) -- The State Bank of Vietnam (SBV) has issued a circular on interest rates applied to US dollar (USD) deposits of organisations and individuals at credit institutions and foreign bank branches, Vietnam News Agency (VNA) reported.

Accordingly, the rates are not allowed to exceed the maximum decided by the SBV Governor in a particular period for deposits of organisations and individua