toggle icon
logo text
logo symbol
toggle icon
Back

VCSC Daily - SBV surprises with early cut in policy rates, lowers deposit cap to 12%

Market Commentary

10 Apr 2012

Balance of payment improves in 1Q – The SBV governor has announced that in Q1, the country’s BOP is estimated to be at a surplus of around USD2 billion due to a combination of shrinking trade deficit, stable remittances, FDI and FII in flows. In the first quarter, remittances was estimated at USD2-2.5 billion, ODA at USD290 million and FII at USD400-500 million.
Tags: SBV

Contact us for a research access: (+84) 2 8888 2 6868

/trung-tam-phan-tich