Vietnam ctrl bk to expand open mkt ops by June

VIETNAM - Vietnam's central bank is planning to hold two sessions of open market operations a week, instead of one currently, to expand dong liquidity, a bank official said Thursday.

Nguyen Dong Tien, director of the central bank's Monetary Policy Department, told Dow Jones Newswires that the move is expected to begin within the next two months.

"Commercial banks will have better chances to work with the central bank in regulating money circulation in the two trading days each week, Tien said

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account