Policy consideration: A cyclo driver waits for customers in front of St Joseph’s Cathedral in Hanoi. The SBV is maintaining its rate at the current 4.5% while focusing on facilitating loan growth. — AFP
HANOI: The State Bank of Vietnam (SBV) may find it difficult to reduce the policy interest rate in 2024 as it must consider many factors related to economic growth and inflation, say experts.
SBV deputy governor Dao Minh Tu has said the SBV has so far left open any policy interest rate decision.
