Vietnam c.bank to cut refinance rate by 50 bps to 5.5% from Monday

Kitco Media
By Reuters
Published:
Updated:
Reuters
HANOI, March 31 (Reuters) - Vietnam's central bank on Friday announced it will from Monday cut its refinance rate by 50 basis points to 5.5%, it said in a statement. The State Bank of Vietnam said it would keep the discount rate unchanged at 3.5%.
(Reporting by Phuong Nguyen; Writing by Martin Petty)

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