Vietnam: Supportive stance as inflation risks recede – DBS
The post Vietnam: Supportive stance as inflation risks recede – DBS appeared on BitcoinEthereumNews.com. DBS Group Research economist Chua Han Teng expects the State Bank of Vietnam to keep its refinancing rate at 4.50% through end-2026. The report highlights a broadly stable Vietnamese Dong against the US Dollar, easing headline inflation, and strong GDP growth. DBS raises its 2026 growth forecast to 8.0% as supportive monetary policy is maintained. SBV seen holding rates to 2026 “The State Bank of Vietnam (SBV) kept its refinancing rate unchanged at 4.50% in 1H26, and we expect this steady stance to extend until the end of 2026.” “Although the Vietnamese dong has been hovering on the weaker end of its trading band against the US dollar in 2Q26, it has remained broadly stable with a slight appreciation bias, despite bouts of regional FX volatility driven by Middle East tensions and hawkish re-pricing of US Fed interest rate expectations.” “At the same time, headline inflation eased an