VNStockNews.com - Vietnam's central bank raised a second key interest rate on Friday, lifting the refinance rate 100 basis points to 13 percent, Dao Minh Tu, head of the central bank office, told Reuters.
Earlier, a central bank official confirmed that the State Bank of Vietnam had increased on Friday the rate it charges banks for loans via open market operations by 100 basis points to 13 percent as authorities battle high inflation.
