monetary policy

Suitable economic recovery hinges on monetary policy

December 07, 2021 | 09:00

The State Bank of Vietnam anticipates significant risk inflationary pressure in 2022 while considering reigning in the expansionary monetary policies of the past years – however, strong credit growth due to stronger demand is predicted with the economy’s reopening.

ECB's Lagarde in spotlight as policy on hold

December 13, 2019 | 12:14

The European Central Bank left key monetary policy settings unchanged Thursday (Dec 12), placing the spotlight on new president Christine Lagarde to offer clues about its future direction and plans for a major reassessment of ECB tools and goals.

Merkel, Macron praise Draghi's 'European dream' as ECB chief bows out

October 29, 2019 | 14:50

French President Emmanuel Macron and German Chancellor Angela Merkel on Monday (Oct 28) lauded Mario Draghi for defending "the European dream" in the face of opposition as he handed over a divided ECB to Christine Lagarde.

Bright spots amid trading tensions

September 04, 2019 | 09:28

Stable monetary policy, a network of trade agreements, and suitable policies encouraging foreign direct investment have helped Vietnam maintain stable growth amid trade tensions. Suan Teck Kin, head of research and executive director of Global Economics and Markets Research at United Overseas Bank Singapore, provides an insight into these issues.

Central bank to keep monetary policy on hold through 2019

July 10, 2019 | 14:42

The State Bank of Viet Nam (SBV) will hold its benchmark refinancing and discount rates at 6.25 per cent and 4.25 per cent, respectively, in addition to maintaining its 14 per cent credit growth target for the remainder of 2019, experts forecast.

European stock markets hold their breath before Fed update

June 20, 2019 | 10:17

European stock markets on both sides of the Atlantic paused on Wednesday (Jun 19) after the previous session's strong rally, as investors awaited a key monetary policy update from the Federal Reserve.

Tightened monetary policy forecast for Q4 2018

October 08, 2018 | 09:18

The State Bank of Vietnam (SBV) will likely continue its tightened monetary policy in the remaining months of the year after its decision to strictly control lending to high risk sectors in the third quarter didn’t adversely affect the country’s economic growth, according to experts.

Exchange rates to follow market rules

February 25, 2013 | 09:05

State Bank of Vietnam (SBV) Governor Nguyen Van Binh has said exchange rates in 2013 will be adjusted in accordance with market practices.

Avoiding the year-end pressures

October 23, 2011 | 21:17

Monetary policy will continue to be crucial in constraining the traditional inflation blowout during the final months of the year.

Recalibration of policy needed

October 03, 2011 | 08:00

As the spectre of stagnation appears on the horizon, it may be time for Vietnam to consider a different policy direction.

Gold fever proves contagious

September 19, 2011 | 07:00

"Wall Street could easily press the gold price back to $1,200-$1,500, draining China’s reserves, as it did to OPEC countries when the gold price fell from $850 to $200 after the energy crisis of 1979"

Market’s death walk

August 07, 2011 | 23:32

Vietnam’s stock market last month continued its gloomy trading days with record low liquidity and prices of numerous blue-chips unchanged.

Tough cure needed for ailing forex market

February 05, 2011 | 20:25

Over the past decade, the trade deficit along with high inflation has been named as the most alarming threat to Vietnam’s macroeconomy and to monetary management.

Experts warn of more rises to CPI

January 24, 2011 | 08:00

Some experts are worried that the on-going tighter monetary policy is unlikely to curb rises in the consumer price index in 2011.

Bank of England policymakers split at rate meeting: minutes

November 18, 2010 | 08:23

Bank of England policymakers were divided at their latest meeting earlier this month when they held interest rates at a record low and opted against pumping out more cash, minutes showed Wednesday.