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Update news vietnam's currency market
A senior official of the State Bank of Vietnam has silenced rumours that the central bank has adjusted the currency band, saying the recent exchange rate fluctuations in the market still fall within the already fixed 5% range.
The dollar price has remained above the VNĐ25,000 mark since mid-February this year and has shown no signs of cooling down.
The local currency bond market in Vietnam grew 5.1 percent quarter-on-quarter to reach a size of VND2,626.1 trillion (US$111.9 billion) at the end of March.
Though the global financial market has seen uncertainties this year, Vietnam's currency and foreign exchange markets have remained stable.