Vietnam Interest Rate

The benchmark interest rate in Vietnam was last recorded at 6.50 percent. Interest Rate in Vietnam is reported by the The State Bank of Vietnam. Interest Rate in Vietnam averaged 7.54 Percent from 2000 until 2014, reaching an all time high of 15 Percent in June of 2008 and a record low of 4.80 Percent in August of 2000. In Vietnam, interest rates decisions are taken by The State Bank of Vietnam. The official interest rate is the Refinancing Rate. This page provides - Vietnam Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.50 7.00 15.00 4.80 6.00 | 2014/06 2000 - 2014 Percent Monthly

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Vietnam Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Foreign Exchange Reserves 14045.54 2011-12-31 12926.17 24175.96 0.01 17961.89 2014-06-30 USD Million [+]
Interest Rate 6.50 2014-03-17 7.00 15.00 4.80 6.00 2014-06-30 Percent [+]
Money Supply M0 414399.00 2012-12-31 370992.00 414399.00 55.00 474665.24 2014-06-30 VND Billion [+]
Money Supply M1 748555.00 2012-12-31 705998.00 748555.00 109.00 823451.19 2014-06-30 VND Billion [+]
Money Supply M2 3519375.00 2012-12-31 3125961.00 3519375.00 112.00 4111428.16 2014-06-30 VND Billion [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Vietnam Imports at 12470.00 USD Million  
Imports in Vietnam increased to 12470 USD Million in March of 2014 from 10090 USD Million in February of 2014. Imports in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Balance of Trade at -196.00 USD Million  
Vietnam recorded a trade deficit of 196 USD Million in March of 2014. Balance of Trade in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Exports at 12280.00 USD Million  
Exports in Vietnam increased to 12280 USD Million in March of 2014 from 9540 USD Million in February of 2014. Exports in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Terms of Trade at 99.79 Index Points  
Terms of Trade in Vietnam increased to 99.79 Index Points in 2012 from 99.53 Index Points in 2011. Terms of Trade in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Car Sales at 9295.00 Cars  
Car Registrations in Vietnam increased to 9295 Cars in November of 2013 from 8720 Cars in October of 2013. Car Registrations in Vietnam is reported by the Vietnam Automobile Manufacturers Association.
Vietnam Changes in Inventories at 98822.63 VND Billion  
Changes in Inventories in Vietnam increased to 98822.63 VND Billion in 2012 from 81538.12 VND Billion in 2011. Changes in Inventories in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Consumer Price Index (CPI) at 156.95 Index Points  
Consumer Price Index (CPI) in Vietnam decreased to 156.95 Index Points in March of 2014 from 157.64 Index Points in February of 2014. Consumer Price Index (CPI) in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Consumer Spending at 2093260.97 VND Billion  
Consumer Spending in Vietnam increased to 2093260.97 VND Billion in 2012 from 1844377 VND Billion in 2011. Consumer Spending in Vietnam is reported by the General Statistics Office of Vietnam.
Vietnam Current Account at 9061.00 USD Million  
Vietnam recorded a Current Account surplus of 9061 USD Million in 2012. Current Account in Vietnam is reported by the Asian Development Bank.
Vietnam Export Prices at 99.50 Index Points  
Export Prices in Vietnam decreased to 99.50 Index Points in 2012 from 119.60 Index Points in 2011. Export Prices in Vietnam is reported by the General Statistics Office of Vietnam.
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