Viet Nam Money - Dong rates ease as banks boost funds

Short term rates on Vietnam's money market have eased over the past week as banks said they have secured sufficient short-term dong funds both via the central bank's injections and from retail consumers.

Shortages of the dong sent ripples through the banking system, businesses and fledgling stock markets of the developing Southeast Asian country following measures by the central bank to dry up liquidity to fight double-digit inflation...

Full story: Vietnam Business Finance: Viet Nam Money - Dong rates ease as banks boost funds