exchange rates

Variables expected to address US policy

January 16, 2025 | 19:00

Amid the strengthening dollar on international markets and USD/VND exchange rates at banks hovering near the upper allowable limit, the State Bank of Vietnam is projected to raise regulatory interest rates to alleviate pressure on foreign reserves.

Rate policies to be managed strategically

January 07, 2025 | 16:13

Significant adjustments in exchange rates are expected in 2025 to maintain macroeconomic balance, with volatility due to the unconventional economic policies of the US and the limited domestic foreign exchange reserves.

No year-end easing of focus on business support and stability

December 24, 2024 | 20:00

Vietnam’s year-end direction is focused on maintaining stability in both interest rates and exchange rates while implementing capital support measures for businesses.

Likely Fed rate cuts to impact exchange rates and asset class

September 20, 2024 | 17:14

Although gold prices may rise with expected interest rate cuts by the US Federal Reserve, Vietnamese investors are unlikely to benefit from any uptick in the precious metal due to a lack of support from exchange rates and unique liquidity factors.

Direct impact of exchange rates on business operations

June 17, 2024 | 09:00

Duong Bui, FX Trading Associate director for Markets & Securities Services at HSBC Vietnam, shared with VIR’s Nhue Man how upcoming exchange rate fluctuations may affect import-export businesses.

Exchange rates hover near historical highs

April 09, 2024 | 09:37

Substantial foreign investor outflows from Vietnam’s equity markets might prompt the central bank to introduce measures to stabilise exchange rates, facing heightened volatility.

Vietnamese businesses grapple with surging exchange rates

April 08, 2024 | 09:59

The VND's sharp rise against the US Dollar is creating hurdles for local businesses.

Flexibility headlines finance for 2022

January 05, 2023 | 10:51

Interest rates, exchange rates, and credit growth were the focus of a volatile 2022, and more complexities are forecast for the following 12 months.

State Bank of Vietnam alleviates market pressures

November 03, 2022 | 11:00

The State Bank of Vietnam adjusted several operating interest rates last week, with the move deemed necessary in the context of a strong USD and increasing domestic pressure on interest rates and exchange rates.

Previous financial crises thus far averted via stable moves

October 26, 2022 | 10:36

The increase of the central exchange rates and adjustment of the exchange rate band of the State Bank of Vietnam are suitable with the trends of other currencies at a lighter level.

Non-traditional approaches to monetary polices

October 26, 2022 | 10:13

Exchange rates and interest rates are being handled in a satisfactory manner, according to Dr. Truong Van Phuoc, a member of the Prime Minister’s Economic Advisory Group and former acting chairman of the National Financial Supervisory Commission. He talked to VIR’s Hong Dung about the State Bank of Vietnam’s recent moves on interest rates and exchange rates.