Group set up to supervise monetary market

Tuesday, April 15, 2008
Group set up to supervise monetary market
The governor of the State Bank of Viet Nam has signed a decision on the establishment of a Monetary Market Supervision Group headed by standing deputy governor Tran Minh Tuan.
The move is among the bank’s activities to implement the Prime Minister’s instructions on measures to curb inflation and control price hike in 2008.
The group is responsible to supervise the monetary market, update market information and offer analysis and assessment of the market situation so as to provide advisory services to the SBV governor to release suitable measures.
Mr Duong Quoc Anh, head of the Department for Banks and Non-bank Credit Organisations is the standing deputy head of the group. Other members of the group include leaders of seven units: the Department of Foreign Exchanges Management, SBV’s Inspectorate, the Department of Monetary Policies, Credit Department, the SBV Transaction Centre, and SBV Branches in Hanoi and Ho Chi Minh City.