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interest rate cut
News update related to interest rate reduction
Fed faces pressure to cut interest rates after July jobs report
A weaker-than-expected July jobs report and worrying economic data are piling pressure on the Fed and Chairman Jerome Powell, leading markets to bet on a rate cut as early as September.
Market
Bank interest rates today April 2, 2025: VietinBank reduces interest rates
Bank interest rates today April 2: VietinBank continues to reduce interest rates for individual customers with the form of receiving interest at the end of the term
Bank interest rates today 4/1/2025: Interest rate reduction at the beginning of the month
Bank interest rates today April 1: OCB is the first bank to adjust deposit interest rates down on the first day of the month with a decrease of 0.1%/year
Bank interest rates today March 31, 2025: Continue to reduce interest rates
Bank interest rates on March 31, 2025: a series of adjustments to reduce deposit interest rates, in which BVBank and many other banks sharply reduced terms from 6-24 months.
Bank interest rates on March 21, 2025: Kienlongbank reduces interest rates for the third time in March
Bank interest rates today March 21, 2025: Kien Long Commercial Joint Stock Bank (Kienlongbank) continues to adjust deposit interest rates down, marking the third reduction in March alone. Previously, the bank reduced interest rates on March 1 and 14 with a reduction of 0.2 to 0.3%/year.
Bank interest rates on March 14, 2025: Banks continue to reduce interest rates
Bank interest rates on March 14: Banks continue to adjust deposit interest rates with a decrease of 0.1% to 0.5%. Announce new interest rates for customers with large savings balances.
Bank interest rates on March 6: Continue to reduce interest rates
Bank interest rates on March 6: continue to witness a downward trend. Some banks have reduced interest rates for two consecutive days.
Bank interest rates today 3/5/2025: Continue to reduce interest rates
DNUM_AFZADZCACF 11:47
Bank interest rates today, March 5: A series of banks have adjusted their interest rates to sharply reduce interest rates. Since the beginning of March, 7 banks have reduced their deposit interest rates, including: PGBank, Viet A Bank, Kienlongbank, Bac A Bank, Eximbank, IVB, LPBank.
Bank interest rates today 3/3/2025: Massive interest rate reduction
DNUM_ADZADZCACF 10:00
Bank interest rates today 3/3: Many banks adjust interest rates to sharply reduce long-term interest rates. Sharp increase in short and medium-term interest rates.
Banks reduce interest rates to support customers and stimulate credit demand
DNUM_ABZADZCACF 16:31
After an urgent meeting between the State Bank of Vietnam and the banking system (February 25) to find solutions to reduce interest rates and support businesses and people in accessing credit, many banks have lowered deposit interest rates and lending interest rates.
Bank interest rates today February 19: Eximbank has just continued to reduce deposit interest rates
DNUM_BJZACZCACF 09:34
Bank interest rates today February 19, 2025: Eximbank has just continued to reduce deposit interest rates for many terms. However, Eximbank is still the leading bank in deposit interest rates for terms of 12 months or more.
USD exchange rate today December 18, 2024: USD increases with expectations of Fed rate cut
DNUM_BIZBCZCACE 07:52
USD exchange rate today December 18, 2024: USD increased with expectations of Fed cutting interest rates. The US Dollar Index (DXY) increased 0.10%, currently at 106.94.
USD exchange rate today September 19, 2024: USD decreased after FED cut interest rate by 50 basis points
DNUM_BJZAJZCACE 08:00
USD exchange rate today September 19, 2024: The State Bank announced the central exchange rate of Vietnamese Dong to USD increased by 10 VND, currently at 24,151 VND.
USD exchange rate today 9/6/2024: Sharp drop before Fed cuts interest rates
DNUM_AGZAJZCACE 06:56
USD exchange rate today 9/6/2024: Dollar Index (DXY) is at 101.06 points, down 0.21 points compared to yesterday. Investors' bets are now changing as the Dollar weakens with the Fed about to cut interest rates.
Prime Minister: Shorten procedures, reduce interest rates to increase social housing
DNUM_BHZADZCACE 16:04
Faced with the reality that procedures for building social housing take longer than for commercial housing, and preferential loan packages still have high interest rates, Prime Minister Pham Minh Chinh has requested research to shorten procedures and reduce interest rates to promote social housing projects.
Prime Minister directs to continue reducing lending interest rates, removing difficulties for businesses
DNUM_BGZAHZCACD 11:55
The Prime Minister requested the banking sector to continue reducing interest rates, especially lending rates, to create conditions for businesses to focus on overcoming difficulties, recovering, and building long-term business plans.
Reducing loan interest rates, BAC A BANK 'supports' individual customers to develop their businesses
DNUM_BDZAHZCACD 14:00
(Baonghean.vn) - In order to contribute to meeting the need for capital access and investment in the last two quarters of the year of individual customers, BAC A BANK continues to adjust the interest rate down - applied to short-term loans for production and business.
Banks simultaneously reduce interest rates, creating favorable conditions to support people and businesses
DNUM_AFZAHZCACD 09:42
(Baonghean.vn) - Since the beginning of the year, interest rates have continuously decreased, from over 10%/year to below 8%/year. This move aims to reduce interest rates, support people and businesses to increase their access to capital, and contribute to the recovery of production and business.
Gasoline price today June 22: Can't break through
DNUM_CCZAGZCACD 20:45
Oil prices today, June 22, on the world market continue to trend downward due to uncertain demand from China and concerns that the global economic recession could reduce oil demand.
Reducing operating interest rates: Basis for banks to lower deposit and lending interest rates
DNUM_BIZAGZCACD 10:25
For the fourth time since the beginning of the year, the State Bank of Vietnam (SBV) has lowered its operating interest rate, which is expected to stimulate the weak capital absorption capacity of businesses and the economy.
Many businesses have to transfer and sell assets at low prices, need to continue to reduce interest rates
DNUM_CCZAFZCACD 20:05
Chairman of the National Assembly's Economic Committee Vu Hong Thanh said that capital mobilization is difficult and lending interest rates are high, so many businesses have to sell assets at low prices.
Four state-owned banks reduce savings interest rates to 7.2%/year
DNUM_BFZADZCACD 16:34
From March 15, the 12-month deposit interest rate at the counter of Vietinbank, Vietcombank, BIDV and Agribank will decrease to 7.2%/year instead of 7.4%/year as before.
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