# Central bank uses FX swap to support liquidity for banking system

> The State Bank of Vietnam announced a 182-day foreign-exchange swap with a maximum size of US$2 billion. The operation allows eligible banks to exchange dollars for dong at spot and repurchase the dollars at maturity, potentially injecting nearly VND49 trillion into the banking system.

- Date: 2026-11-06 · published 2026-11-06T12:12:01.175Z
- Category: macro · region Vietnam · magnitude medium
- Page: https://feedsoft.ai/events/83859-central-bank-uses-fx-swap-to-support-liquidity-for-banking-system
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The longer-term dong liquidity could ease banks’ funding pressure and create scope to reduce lending rates. The measure affects financial conditions rather than directly changing feed supply or demand.

## Sources

- en.stockbiz.vn: http://en.stockbiz.vn/News/2026/11/6/1922582/central-bank-uses-fx-swap-to-support-liquidity-for-banking-system.aspx
- vietnamnews.vn: https://vietnamnews.vn/economy/1803635/central-bank-uses-fx-swap-to-support-liquidity-for-banking-system.html

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