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exchange rates

Foreign exchange rates to remain under pressure in H2 2024

Foreign exchange rates to remain under pressure in H2 2024

In a recent report, analysts from Viet Dragon Securities Company (VDSC) said the dollar will maintain its strength because the interest rate difference between the US and other countries is still high when the US Federal Reserve (Fed) cuts interest...
SBV turns on mood for market intervention to stabilise exchange rates

SBV turns on mood for market intervention to stabilise exchange rates

The global political and economic situations have caused the currencies of many countries to depreciate significantly, including those of strong economies, by around 3-9 per cent. Việt Nam is no exception with the Vietnamese đồng losing 4.9 per cent against...
No huge pressure on exchange in 2019: forecast

No huge pressure on exchange in 2019: forecast

Experts forecast that the pressure on exchange rates would not be huge in 2019 with little change for significant volatility.
Exchange rates rise, credit stationary

Exchange rates rise, credit stationary

Exchange rates for both the central bank and other commercial banks rose slightly in February, while the credit sector showed little significant change, said the National Financial Supervisory Commission (NFSC).
Forex rates surge against VND

Forex rates surge against VND

Except for the US dollar, foreign currencies have surged against the Vietnamese dong during the last month.
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.
Deficit to pressure exchange rates

Deficit to pressure exchange rates

Exchange rates will face pressure to rise this year due to an anticipated trade deficit, according to the National Financial Supervisory Commission (NFSC).
Exchange rate volatility drives down third quarter earnings

Exchange rate volatility drives down third quarter earnings

Viet Nam''s foreign exchange rates fluctuated greatly in the third quarter, influenced by global currency volatility resulting in a negative impact on earnings of many listed companies.
Dollar rates cut as US rates remain unchanged

Dollar rates cut as US rates remain unchanged

The dollar–dong exchange rates eased this morning at domestic commercial banks, following a decision by the United States Federal Reserve to keep its interest rates steady.
Rise in deposit interest rates a cause for concern

Rise in deposit interest rates a cause for concern

There is an upward trend in bank deposit interest rates, and analysts have urged the Government to act to keep the rates low, warning there could otherwise be adverse consequences.
Who will benefit from the weaker dong?

Who will benefit from the weaker dong?

A new year has come, bringing with it some good news for exporters : the State Bank of Viet Nam has decided to depreciate the dong by 1 per cent.
Dollar rates fall in most commercial banks

Dollar rates fall in most commercial banks

The US dollar rates fell in the local commercial banks yesterday, two days after the State Bank of Viet Nam weakened the Vietnamese dong by 1 per cent.
Dollar rises after SBV increases exchange rate

Dollar rises after SBV increases exchange rate

US dollar rates soared in commercial banks on Wednesday morning, after the State Bank of Viet Nam announced a one-per cent increase in the inter-bank exchange rate on Tuesday.
Dollar rises sharply

Dollar rises sharply

The US dollar rates have increased sharply during the last three days.This follows market expectations that the State Bank of Viet Nam (SBV) may adjust the exchange rate, and that the dong interest rates may fall.
Exchange rates ease on Friday

Exchange rates ease on Friday

The exchange rates in commercial banks tended to ease on Friday morning after hitting the ceiling over the last two days.