# International financial/monetary organizations and foreign credit institutions praise Vietnam's management of monetary policy in 2017

> International financial organisations and foreign banks praised the State Bank of Vietnam's 2017 monetary management in a meeting with the central bank. Foreign reserves reached a record USD 46 billion, interest rates were stable or falling, and Moody's raised its outlook for Vietnamese credit institutions to positive.

- Date: 2017-12-25 · published 2017-12-25T12:00:00.000Z
- Category: macro · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/67773-international-financial-monetary-organizations-and-foreign-credit-institutions
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

A record reserve position and a stable currency reduce the risk of sudden import-cost shocks for Vietnam's feed and livestock sectors.

## Sources

- en.vdb.gov.vn: https://en.vdb.gov.vn/news6701/international-financial/monetary-organizations-and-foreign-credit-institutions-praise-vietnams-management-of-monetary-policy-in-2017

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