Credit growth in the first 2 months has been only 0.77%.

13.03.2019

The monetary & credit market in the first 2 months of 2019 has been evaluated relatively stable.

The monetary & credit market is relatively stable, up to 25 February 2019, the total means of payment increased 2.11%; capital mobilization increased 01%, credit for the economy increased 0.77% compared to the end of 2018.

The interest rate has been stable in general, the VND deposit interest rate was popular at 0.5-7.3%. About the VND lending rate, it was popular about 6-9%/year for short term and 9.0-11%/year for medium and long term.

Besides, the foreign currency market is positive, market liquidity is good. Therefore, it supplied fully the foreign currency demand of customers during the Lunar New Year.

About the gold market, gold price fluctuated in the same direction with international gold price.

Source. Vietanminsider.vn

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