SBV confirms no shortage of dollars to import petrol

The State Bank of Vietnam (SBV) on February 19 confirmed that local commercial banks have supplied local firms enough dollars to import petrol for domestic savings and consumption as requested by the central bank Governor.

The SBV refuted the rumor of dollar shortage to import petrol which forced some local petrol stations to stop selling petrol.

In 2011, Vietnam targets to import 11million m3 petrol, which’s 600,000 m3 less than in 2010.

Tags: US dollar

Posted by VBN on Feb 21 2011. Filed under Banking-Finance, Oil-Gas & Petroleum. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry