# Central bank on verge of further easing monetary policy: expert

> A lecturer at the Fulbright School said the State Bank of Vietnam may ease monetary policy further if inflation stays below 4.5% through May. Inflation fell from 4.9% in January to 4.3% in February. The central bank has been buying foreign currency to rebuild reserves after selling about $27 billion late last year.

- Date: 2023-03-27 · published 2023-03-27T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/37178-central-bank-on-verge-of-further-easing-monetary-policy-expert
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

Further easing would lower domestic borrowing costs for feed and livestock producers. Central bank reserve purchases support the dong, which limits the cost of dollar-priced feed imports.

## Sources

- theinvestor.vn: https://theinvestor.vn/central-bank-on-verge-of-further-easing-monetary-policy-expert-d4270.html

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