Vietnam central bank bought $4.9 billion in first 4 months to boost reserves - minister

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Vietnam central bank bought $4.9 billion in first 4 months to boost reserves - minister
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HANOI : Vietnam's central bank bought $4.9 billion from credit institutions in the first four months of this year to shore up its foreign exchange reserves, the investment minister said on Friday. Well-managed monetary policies and stable exchange rate have enabled the State Bank of Vietnam (SB

HANOI : Vietnam's central bank bought $4.9 billion from credit institutions in the first four months of this year to shore up its foreign exchange reserves, the investment minister said on Friday.

Vietnam recorded a $6.35 billion trade surplus and $5.85 billion in foreign direct investment in the January-April period.

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