June 23, 2022 | 14:06

SBV exerting control over inflation

After more than two years of being “frozen”, the open market operations (OMO) channel was reopened by the State Bank of Vietnam (SBV) on June 21 with an offering of VND10 trillion ($430 million). This reveals that the central bank is ready to withdraw money from the market to support inflation control.

SBV exerting control over inflation
Photo: Illustration
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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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