State Bank of Vietnam Thursday persistently denied a rumor saying that it would devaluate Vietnam Dong by 4%, adding that the rumor caused worries among investors.
Credit organizations have kept enough foreign reserves, and overbuy foreign currencies; even they sold foreign currencies to the State Bank. The bank has bought US$1 billion from the credit organizations since the middle of April, increasing its foreign reserves.
The bank also affirmed that macro-economic data was stable and had positive signals, hence foreign exchange rate would be unchanged
