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VND-USD

Global volatilities cause Vietnamese currency to depreciate

Global volatilities cause Vietnamese currency to depreciate

After a long period of stability, pressure from global markets has caused the Vietnamese dong to depreciate significantly against the US dollar in the past few days.
Reference exchange rate down on weeks beginning

Reference exchange rate down on week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 22,487 VND/USD on the first day of the week (April 16), down 5 VND from the last day of previous week (April 13).
Exchange rates stable despite Fed rate hikes

Exchange rates stable despite Fed rate hikes

The VND/USD exchange rates saw little changes this morning although the US Federal Reserve (Fed) raised interest rates on Wednesday on the confidence in a growing economy and strengthening job market in the world’s biggest economy.
Reference exchange rate rises to yearly high

Reference exchange rate rises to yearly high

The State Bank of Viet Nam set the reference VND/USD exchange rate at VND22,154 per US dollar on December 21, up VND6 from the day before.
Forex rates need to be adjusted: experts

Forex rates need to be adjusted: experts

Experts have urged the central bank to apply the crawling peg - an exchange rate regime that allows depreciation or appreciation to happen gradually - to help firms develop appropriate business plans.
Commercial banks raise dollar rates

Commercial banks raise dollar rates

Gold prices rose marginally in the international markets and slipped slightly in Viet Nam on July 21, even as the US dollar prices rose in all local commercial banks.