The refinancing rate will be cut to 4.0% from 4.5% and the discount rate to 2.5% from 3.0%
HANOI — The State Bank of Vietnam said on Wednesday it will cut a number of policy rates from Thursday to boost the Southeast Asian country’s economy.
The refinancing rate will be cut to 4.0% from 4.5% and the discount rate to 2.5% from 3.0%, effective Thursday, the central bank said in a statement.
