Operating The Initiative Exchange Rate
On July 20, the State Bank said that the next time, will continue to run the initiative, flexible exchange rate, in accordance with the development level of the foreign currency market and economic factors, guaranteed stable and smooth operation of the foreign currency market, contributing to the macroeconomic stability, thereby releasing concerns of the US Department of Finance. Before that, at the report on macro and foreign economic policies Exchange of major US trading partners in April, 2021, the US Department of Finance has evaluated, there is not sufficient evidence to determine Vietnam manipulating money. Name, US Finance and Bank State, on the spirit of goodwill, cooperation and respect, continues to exchange, work at both high levels and technical levels, monetary policy, exchange rate and foreign currency market situation Vietnam. In the process of working, the State Bank affirmed that the exchange rate policy of Vietnam, in the general monetary policy framework, aiming to cross the goal is to stabilize macroeconomic, controlling inflation unlike m Create unfair trade competitures in international trade.
