US and Vietnam aligning on monetary philosophy

US and Vietnam aligning on monetary philosophy

The United States and Vietnam are making joint efforts to ensure market fairness and macroeconomic stability, therefore enhancing bilateral economic links with monetary and exchange-rate perspectives.
Reference exchange rate down 5 VND on August 19

Reference exchange rate down 5 VND on August 19

The State Bank of Vietnam set the daily reference exchange rate at 23,204 VND per USD on August 19, down 5 VND from the previous day.
Reference exchange rate up 4 VND on July 13

Reference exchange rate up 4 VND on July 13

The State Bank of Vietnam set the daily reference exchange rate at 23,220 VND per USD on July 13, up 4 VND from the last working day of the previous week (July 10).
Reference exchange rate up 8 VND on April 21

Reference exchange rate up 8 VND on April 21

The State Bank of Vietnam set the daily reference exchange rate at 23,246 VND per USD on April 21, up 8 VND from the previous day.
Reference exchange rate down 1 VND on December 26

Reference exchange rate down 1 VND on December 26

The State Bank of Vietnam set the daily reference exchange rate at 23,162 VND/USD on December 26, down 1 VND from the previous day.
Forex rate forecast to remain stable till year-end

Forex rate forecast to remain stable till year-end

The Vietnamese dong was expected to remain broadly stable against the US dollar over the remainder of 2019 and to be slightly weaker on average over 2020, buoyed by robust foreign direct investment (FDI) inflows, dollar purchases by businesses, and a healthy foreign reserve position, experts forecast.
Firms advised to use derivative tools to minimise forex risks

Firms advised to use derivative tools to minimise forex risks

Experts suggested firms use more derivative instruments, such as futures and forward contracts, to minimise exchange rate risks when they can no longer borrow the US dollar from commercial banks, starting early this month.
Exchange rate forecast to be stable in 2019

Exchange rate forecast to be stable in 2019

The Vietnamese dong would remain stable against the US dollar in the near future, supported by the country’s robust foreign direct investment (FDI), a healthy current account surplus, and by the central bank’s active intervention, experts forecast.
Reference exchange rate continues increasing

Reference exchange rate continues increasing

The State Bank of Vietnam set the daily reference exchange rate at 22,905 VND per USD on February 12, up 10 VND from the previous day.
USD/VND rate remains under control in 2018

USD/VND rate remains under control in 2018

Commercial banks have consecutively lowered the value of the US dollar against the Vietnamese dong during the final days of 2018, helping the USD/VND exchange rate close the year under control.
Fed interest rate hike does not affect VND

Fed interest rate hike does not affect VND

The Fed hiking interest rates last week for the fourth time this year was not a total surprise and the dong has weathered through with poise.
Central bank’s exchange rate hits highest level in months

Central bank’s exchange rate hits highest level in months

The central bank’s daily reference exchange rate of the US dollar against the Vietnamese dong has been adjusted up slightly in recent sessions, pushing it to the highest level since early this year.
Reference exchange rate turns around to drop on November 14

Reference exchange rate turns around to drop on November 14

The daily reference exchange rate was adjusted down 2 VND to 22,725 VND per USD on November 14 after two consecutive days rising since November 12.
Reference exchange rate down on November 5

Reference exchange rate down on November 5

The State Bank of Vietnam adjusted the daily reference exchange rate down on November 5, setting the rate at 22,725 VND per USD, 2 VND lower than the rate on the last day of previous week (November 2).
China not manipulating currency but lacks transparency: US

China not manipulating currency but lacks transparency: US

The United States on Wednesday (Oct 17) again declined to call China a currency manipulator but said the yuan's fall and Beijing's exchange practices were of "particular concern."
|< < 1 2 3 4 > >|