Likely Fed rate cuts to impact exchange rates and asset class

Likely Fed rate cuts to impact exchange rates and asset class

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

Direct impact of exchange rates on business operations

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

Exchange rates hover near historical highs

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

Vietnamese businesses grapple with surging exchange rates

The VND's sharp rise against the US Dollar is creating hurdles for local businesses.
Flexibility headlines finance for 2022

Flexibility headlines finance for 2022

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

State Bank of Vietnam alleviates market pressures

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

Previous financial crises thus far averted via stable moves

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

Non-traditional approaches to monetary polices

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.
Reliable strategies required

Reliable strategies required

As a year full of economic ups and downs is coming to an end, investors are looking for the light at the end of the tunnel, represented by the long-awaited COVID-19 vaccines across the globe.
Exchange rates and the economy:  Renewed pressures

Exchange rates and the economy: Renewed pressures

Exchange rate pressures are returning with a vengeance from a number of directions to cloud the  macroeconomic picture well into 2012, writes former IMF economist Dr. Pham Do Chi.
FX jitters bring fear to traders

FX jitters bring fear to traders

Potential US dollar volatility in the next six months is unsettling Vietnamese traders.
East Asia booming, but rising currencies a risk: World Bank

East Asia booming, but rising currencies a risk: World Bank

TOKYO, October 19, 2010 - East Asia is leading the global recovery, but its success has attracted a surge of capital that has inflated currencies, spelling a risk to exports and future growth, the World Bank said Tuesday.
Exchange rates may trip economy in 2007

Exchange rates may trip economy in 2007

State Bank difficulties in managing foreign exchange rates over the past seven months could remain the biggest challenge to the economy in 2007, according to a United Nations economic survey.