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The State Bank of Vietnam cut its refi rate for the first time since 2009, to 14% from 15%,...

  • Monday, March 12, 2012, 4:39 AM ET
    The State Bank of Vietnam cut its refi rate for the first time since 2009, to 14% from 15%, joining countries from Thailand to Brazil in lowering borrowing costs as global developments (eurozone, oil, etc.) threaten expansion.
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