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dong and the US dollar

Việt Nam doesnt manipulate currency: US Treasury

Việt Nam doesn’t manipulate currency: US Treasury

Việt Nam did not manipulate the rate of exchange between the Vietnamese đồng and the US dollar for purposes of preventing effective balance of payments adjustments, or gaining unfair competitive advantage in international trade in the four quarters through December...
Dollar devalues against đồng, dropping below VNĐ24,000 threshold

Dollar devalues against đồng, dropping below VNĐ24,000 threshold

The dollar price listed at commercial banks has continuously gone down in recent days.
Vietnamese dong given stable outlook

Vietnamese dong given stable outlook

The Vietnamese dong would be steady next months, buoyed by positive foreign inflow and reasonable gap between interest rates of the dong and the US dollar as well as the stability of the Chinese renminbi, experts said.
Why SBV keeps dong weak against US dollar

Why SBV keeps dong weak against US dollar

On December 11 the State Bank of Viet Nam reduced the value of the dong against the US dollar by VND9 from the previous day to VND22,775 (US$1).
SBV Centre issues first dollar-buying rate hike since Feb 2018

SBV Centre issues first dollar-buying rate hike since Feb 2018

The State Bank of Viet Nam (SBV)’s Operations Centre has decided to adjust the reference exchange rate of the Vietnamese dong against the US dollar for the first time since February 2018.
Central bank can manage exchange rates

Central bank can manage exchange rates

Viet Nam''s foreign exchange policies are impacted by outside factors, especially the exchange and interest rates in large economics around the world.
Exchange rate adjustment should be more flexible

Exchange rate adjustment should be more flexible

While saying the dong-US dollar exchange rate should not be floated during the next two years, experts suggested that the rate should become more flexible, within allowed limits.
Central bank adds to forex reserves

Central bank adds to forex reserves

The State Bank of Viet Nam (SBV) purchased roughly US$7.7 billion worth of foreign currency for the national foreign exchange reserve in the first quarter this year thanks to stable foreign exchange rates, SBV Governor Nguyen Van Binh said.
Forex fluctuations forecast to be temporary

Forex fluctuations forecast to be temporary

Since the start of June, the Vietnamese dong has been falling against the US dollar after a long time of stability. In the afternoon of June 16, the forex rate at some gold shops in HCM City''s District 1 was between...