The State Bank of Vietnam (SBV) has opted to leave interest rates unchanged between now and the end of the year, according to SBV in its announcement in Hanoi on December 6.
The positive macroeconomic conditions, monetary market and inter-bank situation persuaded SBV to reach the decision, it claimed.
In terms of hard currency, supply meets demand. Vietnam ’s trade deficit in the first 11 months of this year was 96 million USD, equivalent to 0.08 percent of the total export value. The bank anticipated that the 2013 balance of payments surplus would be estimated at about 2.5-3 billion USD.-VNA
The positive macroeconomic conditions, monetary market and inter-bank situation persuaded SBV to reach the decision, it claimed.
In terms of hard currency, supply meets demand. Vietnam ’s trade deficit in the first 11 months of this year was 96 million USD, equivalent to 0.08 percent of the total export value. The bank anticipated that the 2013 balance of payments surplus would be estimated at about 2.5-3 billion USD.-VNA
