Vietnam cuts 2010 money supply target to 20 pct
2010-04-07 01:31 (UTC)
HANOI, April 7 (Reuters) - The Vietnamese government has told the central bank to keep the country's money supply growth target this year at around 20 percent to help control inflation, lowering it from a previous target of 28 percent.
The State Bank of Vietnam should pursue its flexible monetary policy and ensure annual credit growth of 25 percent, the government said in a statement issued late on Tuesday.
2010-04-07 01:31 (UTC)
HANOI, April 7 (Reuters) - The Vietnamese government has told the central bank to keep the country's money supply growth target this year at around 20 percent to help control inflation, lowering it from a previous target of 28 percent.
The State Bank of Vietnam should pursue its flexible monetary policy and ensure annual credit growth of 25 percent, the government said in a statement issued late on Tuesday.