When the ceiling deposit rate fell to 8 percent, the interest rate on the open market also reduced to 7 percent/year. Immediately, transactions on the open market operations (OMO) strongly increase. vious 6 weeks.

Later this month, the State Bank of Viet Nam plans to submit its anti-dollarisation project to the Politburo for consideration. Under its proposal, the people's right to keep foreign currency will continue, but all activities related . . .

Commercial banks had to stop mobilizing capital in gold and lending in gold on November 25, as per a decision by the State Bank of Vietnam. However, contrary to all predictions, the gold price has soared.