Vietnam cuts policy interest rates


Headquarters of the State Bank of Vietnam (SBV). - sbv.gov.vn

HANOI: Interest rates on the interbank market, the open market operation (OMO) channel, and commercial banks are all down after the State Bank of Vietnam (SBV) cuts several policy interest rates.

The SBV cut its policy rate by 50 to 100 basis points on March 15 to support economic growth and stabilise the monetary market.

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