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vietnam foreign exchange

Central bank sells US dollar forward for first time since 2018

Central bank sells US dollar forward for first time since 2018

The State Bank of Vietnam (SBV) has recently sold US dollar forward for the first time since 2018 to support the liquidity of the foreign exchange market.
Fitch raises rating for Viet Nam

Fitch raises rating for Viet Nam

Fitch Ratings has upgraded Viet Nam’s sovereign rating based on the country’s rising foreign exchange reserves and strong economic growth.
Foreign exchange reserves hit record 45 billion

Foreign exchange reserves hit record $45 billion

Viet Nam’s foreign exchange reserves are at an all-time high of US$45 billion, Party General Secretary Nguyen Phu Trong said.
Dong slumps to lowest level against dollar in 2016

Dong slumps to lowest level against dollar in 2016

On Monday the dong slid by VND100 against the US dollar to VND22,460, the lowest level this year.
Dong stable after Fed rate hike

Dong stable after Fed rate hike

The domestic foreign exchange market yesterday remained relatively stable after the United States (US) Federal Reserve raised its benchmark interest rate by a quarter of a percentage point.
BIDV predicts forex market uncertainty in the long term

BIDV predicts forex market uncertainty in the long term

The foreign exchange market might face uncertainty with relatively increased pressure in the medium and long term, according to a research group of the Bank for Investment and Development of Viet Nam.
Exchange rates to remain stable in H1

Exchange rates to remain stable in H1

The State Bank of Viet Nam will not adjust the exchange rate between the Vietnamese dong and the US dollar during the first half of this year (H1).
Foreign exchange rates find stability

Foreign exchange rates find stability

Despite the slight volatility in the foreign exchange market in recent days, analysts believe that exchange rates will remain stable in the new year.
SBV to keep forex rate steady for next two months

SBV to keep forex rate steady for next two months

The State Bank of Viet Nam (SBV) would not adjust the US$/VND foreign exchange rate in the inter-bank market for the next two months, according to a newsletter issued by HCM City Securities Company (HSC).