# Authorities inject trillions of VNĐ to support economy

> The State Bank of Vietnam and State Treasury injected hundreds of trillions of dong into the banking system by buying US dollars from commercial banks. The State Treasury bought US$900 million in January alone at a buying price of 22,650 VND per dollar.

- Date: 2022-01-04 · published 2022-01-04T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/43432-authorities-inject-trillions-of-vn-to-support-economy
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Liquidity injections support local bank lending and the dong, with limited direct effect on global feed commodity prices.

## Read by commodity

- USDVND: neutral

## Sources

- vietnamnews.vn: https://vietnamnews.vn/economy/1111521/authorities-inject-trillions-of-vnd-to-support-economy.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.