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Vietnam to keep key rates unchanged in September
Date: 8/29/2009 8:40:27 AM
Vietnam’s central bank will keep key interest rate unchanged at 7 percent for a seventh straight month, according to a directive posted on its website on Wednesday.

The directive, signed by the governor, takes effect on September 1.

Other rates including the discount and refinance rates, now at 5 percent and 7 percent, respectively, will also be on hold, the directive said.

Standard Chartered Plc said in June that Vietnam’s central bank may keep its benchmark interest rate unchanged until the middle of next year.

(Source:VnInfoGate.Com)
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