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Credit grows 12.97 pct in Jan-July: central bank (10/08)
10/08/2010 - 11 Lượt xem
The central bank released the figures in its monthly report, which was posted on its website Friday.
The State Bank of Vietnam said interest rates on dong deposits fell by 0.2-0.4 percentage points to 11-11.2 percent in July. Dong lending rates dropped by 0.5 to 1.5 percentage points, ranging from 12 percent to 15 percent a year.
Vietnam’s government has requested that commercial banks cut their dong lending rates to 12 percent and deposit rates to 10 percent to help economic growth reach the targeted 6.5 percent this year.
On the unofficial market, the dong fell 0.6 percent against the dollar in July and traded at 19,180-19,200, said the central bank’s report.
