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Deposit and lending interest rates listed at commercial banks have also continually decreased. (Photo: vietnambiz.vn)

🐲 Overnight interbank interest rate hits 16-month low thanks to abundant liquidity

According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
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