Exchange rate pressures remain in 2026
The US dollar is supported by expectations that the Fed will continue delaying rate cuts for several more months. This will press on the USD/VND rate in 2026.
The US dollar is supported by expectations that the Fed will continue delaying rate cuts for several more months. This will press on the USD/VND rate in 2026.
MBS expects the USD/VND exchange rate to fluctuate in the range of 26,230 – 26,420 VND/USD by year-end, representing a year-to-date increase of 3% - 3.8%.
Although the DXY fell sharply by 9.7% from its 2025 peak, the interbank USD/VND exchange rate remained elevated, ending April at 25,994 VND/USD, up 2.1% compared to the...
Though the State Bank of Vietnam (SBV) has announced it is selling the US dollar to intervene in the USD/VND exchange rate since April 19, the greenback price has...
Recently, the State of Bank (SBV) withdrew VND 30,000 billion through the T-bills channel, contributing to reducing exchange rate pressure. This is just one of the moves...
While Vietnam isn't suffering inflationary pressures like other countries, the exchange rate requires caution.
The USD/VND rate remains under strong pressure towards the end of this year as a result of the contrasting monetary policies of the United States and Vietnam, while the...