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Tag Archives: Fed’s move

Experts: Fed rate hike won’t have much impact on Vietnam

The domestic foreign exchange market is forecast to remain stable this year.

The US Federal Reserve (Fed)’s third interest rate hike this week would not affect Vietnam’s economy significantly as the move was foreseeable, according to experts. Fed policymakers on September 26 lifted the benchmark overnight lending rate by a quarter of a percentage point to a range of 2 percent to …

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