TITLE

Rates On Hold Short Term, But Further Cuts Ahead

PUB. DATE
June 2009
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jun2009, Vol. 20 Issue 6, p4
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents a 2009 economic forecast for Vietnam by the Business Monitor International Inc. (BMI). The BMI cites that with the slowing down of growth to the greatest extent for over ten years and the worsening consumer price inflation, it sees room for the State Bank of Vietnam (SBV) to lower rates further. BMI adds that it finds the SBV to likely keep the base rate on hold short term despite the lending growth in April.
ACCESSION #
40825537

 

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