Types and scope of credit institutions’ permitted foreign currency transactions, including:
- Spot, forward, swap and option transactions with other authorized credit institutions;
- Spot, forward, swap and put option transactions with economic organizations;
- Spot and forward transactions with residents that are other organizations and individuals;
(put option transactions are permitted under Article 4 of Circular No. 15/2015/TT-NHNN currently in effect);
- Spot transactions with non-residents that are organizations or individuals; forward sale transactions with non-residents (only spot transactions are permitted under current regulations);
- Forward sale transactions with non-residents that are foreign investors holding government bonds issued in Vietnamese dong in the domestic market as provisions for exchange rate risks to their bonds.
Circular No. 02/2021/TT-NHNN is entering into force as of May 17, 2021.
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