Vietnam and Taiwan raise interest rates after Fed hike

state-bank-of-vietnam
The State Bank of Vietnam

The central banks of Vietnam and Taiwan raised their policy rates on September 22 after the US Federal Reserve delivered its fifth rate hike this year.

Several other Asian central banks, including those of the Philippines, Indonesia, Hong Kong and Macau also decided to raise rates on the same day.

Vietnam’s central bank had left its key rates unchanged since late 2020 but surprised markets by raising its policy rate by 100 basis points. The State Bank of Vietnam raised the refinancing interest

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] 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

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: