# Central bank takes looser monetary measures - VnExpress International

> The State Bank of Vietnam relaxed monetary conditions after sharp dong declines, halting treasury bill issuance for the first time in many months. It cut the bill rate to 4.15% and injected a net VND9.1 trillion into the banking system. The central bank also kept a 14-day open market operation facility at 4.25%.

- Date: 2024-08-29 · published 2024-08-29T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/29102-central-bank-takes-looser-monetary-measures-vnexpress-international
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Looser domestic liquidity and lower rates are aimed at stabilizing the dong, which supports the cost of dollar-denominated feed imports. The impact on commodity prices is limited.

## Sources

- e.vnexpress.net: https://e.vnexpress.net/news/business/economy/central-bank-takes-looser-monetary-measures-4787200.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.