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Foreign-exchange reserves add 4 billion USD

by VTV410 February 2018 Last updated at 22:13 PM

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Foreign-exchange reserves add 4 billion USD
VTV.vn - Until February 6th, Vietnam’s total foreign exchange reserves exceeded 57 billion USD, according to the State Bank of VIetnam. Since the beginning of 2018, the State Bank has bought more than 4 billion USD.

Last year, 13 billion USD was also added to the national foreign exchange reserves. As the foreign currencies supply was ample in 2017, the State Bank flexibly managed exchange rates and bought foreign currencies based on market developments.

Thanks to that, exchange rates, the foreign currencies market and gold market were stabilized. This met demands for foreign currencies and assisted exporters.