How the SBV deals with climate risks
December 16, 2022 | 12:16
Around the world, central banks are increasingly worried about climate change. Rising temperatures, lengthy droughts, weather disasters and high sea levels have deep economic and financial consequences. Pierre Monnin, senior fellow and Patrick Lenain, senior associate of the Council on Economic Policies, share their view on what the State Bank of Vietnam can do to limit those risks.
Central banks brace after new Fed move
November 11, 2022 | 08:00
Central banks across the globe have announced their recent rate hike in a bid to tame inflation, but market watchdogs predict that the tempo of rate rises is starting to slow down.
Ensuring optimal funding efficiency in flexible context
July 12, 2022 | 10:00
Globally, inflation has reached a record level in the past four decades due to two main factors. Firstly, central banks around the world have pumped out a big chunk of money to aid the economic rebound. For instance, Japan has pumped out a money volume equal to 58 per cent of its GDP, and the figure for the US is 30 per cent.
Fed alterations increase uncertainty
June 29, 2021 | 23:16
The latest initiatives of the US Federal Reserve to leave its benchmark short-term borrowing rate near zero, while signalling an imminent rate hike, is leaving other emerging economies’ central banks high and dry.
Lenders shore up business activities
April 07, 2020 | 10:00
Central banks have taken up new relief plans to mitigate a sharp contraction sparked by the coronavirus outbreak across the globe, including cutting costs, slashing rates, and delaying dividend payouts.
Central banks attempt to address sluggish growth
October 10, 2019 | 11:00
The State Bank of Vietnam’s latest move to reduce interest rates comes after other central banks around the globe have started easing to combat spreading weaknesses, but experts are warning that such decisions may not yield the desired effects.
Dollar edges up but central banks action weighs
September 16, 2011 | 09:32
The greenback edged up in Asian trade Friday as traders adjusted their positions but an agreement among major central banks to provide dollar funding kept pressure on the US unit, dealers said.
Gold prices set fresh record: VND41.55 mln
August 05, 2011 | 22:13
Domestic gold price as of 4:30 pm set a fresh all-time record at VND41.55 million a tael after its world counterpart skyrocketed to $1,667 an ounce.
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