Vietnam central bank ready to sell US dlrs to keep exchange rate stable

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HANOI : Vietnam's central bank is ready to sell U.S. dollars to the market to keep the exchange rate stable, Governor Nguyen Thi Hong said on Monday. "The exchange rate market has been volatile after the Fed's rate cuts," Hong told the parliament in Hanoi, adding that market management is a challenging task. Hong said the central bank will prioritise stability and inflation control, but will have measures to support the government's goal of lifting the pace of economic growth. "We are ramping

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Vietnam central bank ready to sell US dlrs to keep exchange rate stable https://www.channelnewsasia.com - 11.11.2024 04:43
Vietnam central bank ready to sell US dlrs to keep exchange rate stable https://www.channelnewsasia.com/ - 11.11.2024 04:24

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Vietnam central bank ready to sell US dlrs to keep exchange rate stable https://www.channelnewsasia.com - 11.11.2024 04:43
Vietnam central bank ready to sell US dlrs to keep exchange rate stable https://www.channelnewsasia.com/ - 11.11.2024 04:24