Macroeconomics

Vietnam Central Bank Says to Keep Policy Supportive, Open to Rate Cuts

October 17, 2024, 04.38 PM | Source: Reuters
Vietnam Central Bank Says to Keep Policy Supportive, Open to Rate Cuts

VIETNAM - HANOI. Vietnam can still meet its economic growth target this year despite the extensive damage caused by Typhoon Yagi and is open to the possibility of interest rate cuts, central bank deputy governor Dao Minh Tu said on Thursday.

Tu also told a media briefing that business and manufacturing activities were recovering from the typhoon.

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