Homepage

Banking & Finance

August 11, 2021 | 13:22

SBV Deputy Governor: Now not the time for further cuts to operating interest rates

The State Bank of Vietnam cut operating interest rates three times last year, but according to Deputy Governor Dao Minh Tu, now is not the right time to make further cuts. The reason is that the central bank is already implementing a range of synchronous solutions, such as lowering interest rates and structuring loans.

SBV Deputy Governor: Now not the time for further cuts to operating interest rates
Mr. Dao Minh Tu, Deputy Governor of the State Bank of Vietnam.

Most viewed

More in VET Exclusive

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
However, VnEconomy is not responsible for any translation by the Google Translate.

Google translate