Vietnam central bank: facing pressure to support growth while maintaining stability

April 03, 2023 07:01 PM AEST | By Reuters
Follow us on Google News:
Image source: Reuters

HANOI (Reuters) - Vietnam's central bank said on Monday it is facing pressure to support economic growth while keeping the banking system and the foreign exchange market stable.

The State Bank of Vietnam said in a statement it bought $4 billion worth of U.S. dollars from the market in the first quarter.

(Reporting by Khanh Vu; Editing by Kanupriya Kapoor)


Disclaimer

The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and for informational purposes only; and does not constitute an endorsement or approval by Kalkine Media of any of the products, services, or opinions of the organization or individual. The user is apprised that Kalkine Media bears no responsibility for the accuracy, legality, or content of Reuters, any external sites, or for that of subsequent links. The user is requested to contact Reuters directly for answers to questions regarding the content. Please note that Kalkine Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.



Top ASX Listed Companies

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK