USD LIQUIDITY CRASHING $1
The State Bank withdraws nearly 30,000 billion VND. Interbank VND rises sharply. The free USD exchange rate is plummeting. USD closes at 26,250-26,300 VND/USD. A sharp decrease compared to the peak in November. Lending rates soar at many banks. LPBank 10.5%/year. Nam Á Bank 9.7%/year. GPBank 12.7%/year. VND liquidity tightens. Demand for USD speculation decreases. Foreign currencies are abundant. Real estate will slow down. Capital costs rise significantly. Housing prices may adjust. Export-import businesses face thin profits. Investment delays are possible. 2026 is forecasted to be difficult. Maintaining stability is a priority.
Note: This is not financial advice.
