In the first eight months of the year, the overall inflation was higher than the core inflation. This reflected that the price fluctuations were mainly due to the hike in prices of food, foodstuff, ga
The recent increase in the VND/USD exchange rate was due to inside and outside impacts such as some poor sessions in the domestic stock market and the USD price rise globally, according to Pham Thanh Ha, head of the State Bank of Vietnam (SBV)’s Monetary Policy Department.
Singapore’s economy grew by 1.8 percent in the fourth quarter of 2016, a rise of 1.8 percent year – on –year, according to estimates by Ministry of Trade and Industry on January 3.
The US dollar interest rate cut last month will not cause economic losses for organisations or individuals, said the State Bank of Vietnam (SBV) on October 12.
The State Bank of Vietnam (SBV)’s latest move on lowering the USD deposit interest rates is expected to ease the pressure on the foreign currency market, finance-banking experts said.
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