PM requests to prevent exchange rate from affecting macroeconomy
The Government leader chairs a meeting on fiscal and monetary policies on May 16.
Topic: monetary policies
Seminar: Exchange rate more of an issue for SBV than inflation
Mr. Tran Ngoc Bau, Founder and CEO of WiGroup, told the “WeTalk - Financial Market Prospects and Opportunities” seminar that inflation is not the most serious problem for the State Bank of Vietnam (SBV) to address, it is the USD/VND exchange rate. The actions of the SBV in recent times have, in fact, always been aimed at stabilizing the exchange rate. External factors mainly relate to US monetary policy, especially the significant strengthening of the USD.