Finance Banking Markets Tax Insurance Currencies Exchange rate cools in wake of SBV’s new policy Instead of using spot contracts to sell the US dollar as previously, the SBV has stopped this and has started to use the futures contract. Đồng forecast to depreciate by 3% against dollar in 2025 Tuesday, Jan 07, 2025 The possibility of a sharp increase in the USD/VNĐ exchange rate will significantly impact the monetary policy of the State Bank of Vietnam (SBV). Fed’s foreseen rate cuts affect foreign exchange rate Monday, Dec 23, 2024 After the Fed’s move, the US dollar index (DXY) on December 19 hit nearly 108, the highest level in the past year. Exchange rate forecast not to be under high pressure at year-end Friday, Dec 20, 2024 The market is banking on the Fed cutting rates by 0.25 basis points at their meeting on December 17-18.
