As part of the activities to control inflation and stabilise the macro-economy, the State Bank has been required by the Prime Minister to establish a team to supervise the currency market.

Governor of the State Bank, Mr Nguyen Van Giau, on April 12 signed a decision to set up a team which will perform key tasks including currency market supervising, information updating and data processing so as to propose market solutions to the governor.

With the operation of the special force, it is expected that banks will be operating more efficiently to achieve targets set by the government.

Source: Laodong

Translated by Hoang Anh