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.
The USD/VND has risen over the past time. Until mid-September 2023, the VND is currently depreciating 2.5% YTD against the USD.
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 government's initiative to disburse a favorable credit package of VND 120,000 billion for investors and purchasers of social housing and worker accommodations,...
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...
The USD/VND exchange rate may be more volatile in 2H23. It might, however, change by no more than +/- 2.0% from the beginning of 2023.
A 120 trillion VND (5.08 billion USD) package in preferential lending rates for social housing developments started to see first disbursement, a positive signal after...
Kis Vietnam expected that the USD/VND exchange rate would maintain stability in the near future.
The fourth cut in policy rates by the State Bank of Vietnam (SBV) would make it easier for commercial banks to continue lowering deposit and lending rates. This will...
The pressure on the USD/VND exchange rate could ease further as the Fed's rate hiking cycle may come to an end.
The United Overseas Bank (UOB) rated the Việt Nam đồng as one of the most stable currencies in Asia, despite significant changes in the Fed's interest rate hike...
According to many experts, the reduction of interest rates by the central bank will not have much impact on the exchange rate, and the exchange rate will remain stable...
The package covers social housing development, homes for workers and renovation of degraded apartments with preferential interest rates around 1.5-2 per cent lower than...
According to experts, the USD/VND rate will experience strong pressure in 2023, with domestic inflation and the Fed's rate hike having a big impact on its volatility.
Incorrect credit package expectations could have unexpected spillover effects.
By the end of January 2023, more than VND638 trillion of public investment for 2023 has been allocated.
By the end of January 2023, more than VND638 trillion of public investment for 2023 has been allocated.
The USD/VND exchange rate has increased by about 3.81% compared to the end of 2021, but the devaluation of VND against USD is lower than that of other currencies in the...
Many financial experts think that the FED's scaled-back rate hike will soon help the USD/VND rate "cool down."
Despite being on the increase, the USD/VND exchange rate is predicted to decline in 2023.
VNDiamond ETF experienced large outflow of VND1,613bn in 3Q22 amid Vietnam market downturn.
Due to the stronger USD as a result of the FED rate hike, the USD/VND rate will remain under upward pressure in the remaining months of 2022.
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