Vietnam c.bank to maintain flexible rate policy

The State Bank of Vietnam said on Thursday it would maintain well-structured and cautious monetary policies, and manage policy rates flexibly, in the face of “management challenges” in the macroeconomy.

“In the coming time, the SBV will continue to carry out well-structured and cautious monetary policies… (and) manage flexibly the policy rate, in line with the market developments and macroeconomic objectives,” deputy Governor Nguyen Van Binh said in prepared remarks. – Reuters

Tags: Vietnam banking industry, Vietnam finance, Vietnam financial, Vietnam interest rates

Posted by VBN on Jun 11 2011. Filed under Banking-Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry