11:41 | 25/02/2010
VGP – The State Bank of Việt Nam (SBV) has just announced to maintain the benchmark interest rate in Vietnamese currency at 8% per year. The rate is applied in March, the fourth successive months.
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The SBV Governor’s Decision
353/QĐ-NHNN, signed on February 25, will come into force since March 1 on.
The newly-issued document
replaces Decision 134/QĐ-NHNN dated on January 25 by the SBV Governor.
The SBV pledged to make
sound decisions which are all based on market changes.
The CPI increase of 1.96% in
February is not so severe that any adjustment should be made in monetary
policies, said the Bank.
By Phương Hạnh