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Vietnam raises interest rates to fight inflation

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Old 05-19-2008, 11:46 AM
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Default Vietnam raises interest rates to fight inflation

Vietnam raised interest rates from Monday in a move that aims to tackle double-digit inflation by strengthening the dong, the local currency, putting money into banks and reducing credit growth...

Full story: http://www.vnstocknews.com/2008/05/v...-to-fight.html
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Vietnam Stock Market News: http://www.vnstocknews.com
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Old 05-19-2008, 09:59 PM
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Default Re: Vietnam raises interest rates to fight inflation

Interest rates are only a temporary measure ... inflation is rise everywhere ... including my country India.
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