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From 2011 to the first half of 2012, basically CSTT operates in the direction to focus on interest rate policy, with the increase in the interest rate and applying interest rate ceiling raised with goal to curb inflation. Thanks CSTK tightening has brought positive results when the tỷlệ Vietnam's inflation continued rising in 2012 and 2013, reached under 7%, true to its objectives. Besides, the SBV also launched the ceiling interest rates raised on 7%. This is a reasonable interest rate, in line with the macroeconomic conditions and micro and is a determining factor for the reduction of lending rate.
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