Softened USD exchange rate anticipated at year-end

Softened USD exchange rate anticipated at year-end

The pressure on the VND-USD exchange rate is forecast to remain insignificant, with perhaps a slight retreating for the rest of 2024, according to experts.
Reference exchange rate continues going up

Reference exchange rate continues going up

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,224 VND/USD on August 30 up 4 VND from the previous day.
Reference exchange rate up at week’s beginning

Reference exchange rate up at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,254 VND/USD on August 26, up 4 VND from the last working day of previous week (August 23).
Exchange rate remains 2024 theme

Exchange rate remains 2024 theme

A surge in Vietnam’s exchange rate has posed challenges for businesses due to rising input costs and currency fluctuations.
Forex rate hike dampens business performance in Q1

Forex rate hike dampens business performance in Q1

The VND-USD exchange rate has risen 5.9 per cent so far this year, badly affecting the performances of a slew of businesses in the first quarter.
Exchange rate pressures could affect interest rates

Exchange rate pressures could affect interest rates

Recent exchange rate pressures are expected to lead to an increase in interest rates, according to the SBV.
Upward trend anticipated in forex rate

Upward trend anticipated in forex rate

The forex market faces pressures in the second quarter.
Businesses face mounting hardships amid rate hike

Businesses face mounting hardships amid rate hike

Businesses across the board are facing multiple hardships from the current high exchange rates.
Exchange rate sparks debate on volatility

Exchange rate sparks debate on volatility

The State Bank of Vietnam’s central exchange rate adjustment has reignited conversations about potential volatility in the currency market.
Expert predictions on forex in 2024

Expert predictions on forex in 2024

A moderate exchange rate movement is forecast for this year.
Exchange rate fluctuations set to carry on this year

Exchange rate fluctuations set to carry on this year

While the most difficult times for exchange rates may be in the rearview mirror, the recovery path is uneven and caution is required.
Soothed pressure on VND-USD exchange prospects

Soothed pressure on VND-USD exchange prospects

The VND-US dollar exchange rate is expected to be on an even keel in the forthcoming time amid abated influencers both at home and abroad.
Exchange rate pressure to soften by year end

Exchange rate pressure to soften by year end

The VND-dollar exchange rate is expected to soften in the coming months.
Exchange rates set to put pressure on bank lending

Exchange rates set to put pressure on bank lending

Exchange rate pressures will hinder the declining trend of interest rates in the near future, though when compared to other economies, the devaluation of the VND remains under control.
Central bank keeps close eye on forex market movements

Central bank keeps close eye on forex market movements

The State Bank of Vietnam is monitoring and taking action to moderate exchange rate movements in the face of weakening regional currencies.
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