| STATE BANK OF VIETNAM | SOCIALIST REPUBLIC OF VIET NAM |
| No. 1209/QD-NHNN | Hanoi, June 01, 2011 |
DECISION
ON THE ADJUSTMENT OF REQUIRED RESERVE RATIO IN FOREIGN CURRENCY OF CREDIT INSTITUTIONS
THE GOVERNOR OF THE STATE BANK
- Pursuant to the Law on the State Bank of Vietnam issued in 2010;
- Pursuant to the Law on the Credit Institutions issued in 2010;
- Pursuant to the Decree No. 96/2008/ND-CP dated 26 August 2008 of the Government providing for the functions, duties, authorities and organizational structure of the State Bank of Vietnam;
- Upon the proposal of the Director of the Monetary Policy Department,
DECIDES:
Article 1. Required reserve ratios applicable to foreign currency deposit of credit institutions applicable to credit institutions shall be as follows:
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