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View Full Version : Vietnam Central Bank Caps Some Dong Deposit Rates at 6% - Bloomberg



NewsWhore
09-29-2011, 05:02 AM
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Vietnam Central Bank Caps Some Dong Deposit Rates at 6% (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE8joB_q_fgb4QYNIJ3tD6uA4hIrQ&url=http://www.bloomberg.com/news/2011-09-29/vietnam-central-bank-caps-some-dong-deposit-rates-at-6-1-.html)
Bloomberg
“The practical impact of this may be that more money will go out of the banking system into assets like gold, which could put a bit more pressure on the currency.” Some banks previously offered clients incentives to entice deposit growth, ...

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