HANOI, April 2 (Xinhua): The State Bank of Vietnam has announced that it would cut the refinancing rate by 50 basis points to 5.5 per cent from Monday in the latest policy move to support economic growth.
The discount rate will be kept unchanged at 3.5 per cent and the overnight lending rate in the inter-bank market will remain at 6 per cent, the central bank said in a statement on its website.
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