# Financial and banking roundup for November 7: Savings rates exceed 9%, SJC gold falls sharply

> Some Vietnamese banks offered promotional deposit rates of up to 9.1% for eligible six- to twelve-month deposits as competition for funding continued. The roundup also reported a declining domestic USD exchange rate and a VND 1.5 million-per-tael drop in SJC gold prices.

- Date: 2026-11-07 · published 2026-11-07T06:11:33.260Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/85560-financial-and-banking-roundup-for-november-7-savings-rates-exceed-9-sjc-gold
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The domestic currency move may affect the local cost of dollar-priced imports, but the report gives no specific supply or demand change for feed commodities. Higher deposit rates primarily reflect competition for funding rather than a direct commodity-market driver.

## Sources

- kinhtexaydung.petrotimes.vn: https://kinhtexaydung.petrotimes.vn/diem-tin-tai-chinh-ngan-hang-7-11-lai-suat-tiet-kiem-vuot-9-vang-sjc-giam-manh-747652.html

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