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Bangkok Post
Bangkok Post
Business

Vietnam central bank chief says it can provide liquidity to the banking system

A Vietnam Dong note is seen in this illustration photo. (Reuters photo)

HANOI; Vietnam's central bank is willing to provide liquidity to the local banking system, Governor Nguyen Thi Hong said on Sunday, as lenders face pressure from higher interest rates and tightening credit conditions.

Hong confirmed that the central bank had held emergency meetings during the week with commercial banks to discuss liquidity in the system, which Reuters reported on Friday.

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