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Tuesday, November 26, 2024

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SBV

Central bank caps 2023 credit growth at 15%

HCMC – The State Bank of Vietnam (SBV) will cap credit growth at 14-15% this year to maintain macroeconomic stability and boost economic growth. Monetary...

A flexible forex policy

The dollar-dong exchange rate has regained stability after the U.S. Federal Reserve slowed its interest rate hikes. This has allowed the State Bank of...

Taking issue with interest rates

With banks joining an interest rate hiking race that may lead to economic uncertainties, it is high time to take measures to stabilize this...

What are implications of a weakening dollar?

The U.S. dollar has steadily dropped against the Vietnamese dong currency. This is good news given that the foreign exchange market normally comes under...

The situation is now different

The State Bank of Vietnam’s (SBV) recent decisions to hike key interest rates, widen the trading band of the Vietnamese dong, and actively engage...

Why a wider trading band

The State Bank of Vietnam (SBV) on October 17, 2022 widened the trading band of the Vietnamese dong currency from 3% to 5% on...

Singapore President starts Vietnam visit

 HCMC – Singaporean President Halimah Yacob has begun her State visit to Vietnam as the two countries are preparing to celebrate the 50th anniversary...

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