Proactive in dealing with exchange rate pressure
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...
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...
According to Mr. Phung Xuan Minh, Chairman of Saigon Ratings, Vietnam's economy steadily recovered in 2023, stabilised, and laid the groundwork for development...
In 2024, production will gradually recover so imports will likely grow a bit faster than exports, but in general, the overall balance will still help Việt Nam take the...
The USD/VND exchange rate has seen notable developments in the first month of 2024 when it increased significantly in both official and free markets.
The State Bank of Vietnam (SBV)’s central rate of the Vietnamese đồng against the US dollar was adjusted up 0.7 per cent in January 2024 to VNĐ24,036 per dollar.
According to Mr. Nguyen Minh Tuan, CEO of AFA Capital, the rising free USD exchange rate has little impact on the fx market. In 2024, the VND's depreciation range...
The dollar price listed at commercial banks has continuously gone down in recent days.
The reference exchange rate between the Vietnamese đồng and the US dollar announced by the State Bank of Việt Nam (SBV) at the last trading session of last week...
The founder of FIDT, Mr. Huynh Minh Tuan, believes that various factors are presently supporting the moderation of the USD/VND exchange rate, and that it will not...
The State Bank of Vietnam (SBV) on Wednesday set the daily reference exchange rate for the US dollar against the đồng at VNĐ24,059 per dollar, up VNĐ6 from the previous...
According to Mr. Nguyen Minh Tuan, CEO of AFA Capital, the State Bank's drainage of tens of hundreds of billion VND through the bond channel is still minimal in...
According to an SBV report, the exchange rate for the greenback broke the VNĐ24,000 mark on September 11 and reached its highest level at VNĐ24,076 on Monday.
According to some experts, although rising pressure on the foreign exchange rate and inflation are the main factors affecting the SBV's ability to continue lowering the...
During the trading session on September 18, the VND/USD exchange rate posted by banks on the chart increased significantly, reaching the 24,500 VND threshold.
The foreign exchange rate has significantly fluctuated recently but experts forecast the rate in the remaining months of 2023 will not be under great pressure as in 2022.
According to Nguyen Minh Tuan, CEO of AFA Capital, inflation was at 3.1% in the first eight months, well short of the National Assembly's objective. As a result,...
While Vietnam isn't suffering inflationary pressures like other countries, the exchange rate requires caution.
While revenue from many other business activities dropped sharply, many banks still "won big" from foreign exchange business.
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...
Mr. Nguyen Minh Tuan, CEO of AFA Capital, believes that the exchange rate and inflation remain buffers for Vietnam's growth this year. If the exchange rate rises,...
Kis Vietnam expected that the USD/VND exchange rate would maintain stability in the near future.
The State Bank of Vietnam (SBV) decided to reduce some policy rates, such as the refinancing rate (down 0.5% points), the ceiling deposit interest rate for 1-month to...