USD rate passes VND25,000 milestone at top Vietnam lender Vietcombank
Vietcombank, the largest Vietnamese lender by market capitalization and foreign exchange transactions, increased its USD buying and selling rates to VND24,790 and VND25,130 Wednesday afternoon.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Exchange rate in Vietnam breaks VND24,000 milestone again
The State Bank of Vietnam (SBV) on Monday raised the central exchange rate by VND8 to VND24,004 per U.S. dollar, breaking the VND24,000 milestone and approaching the peak of VND24,110 in October 2023.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
VND/USD exchange rate expected to rise following Fed decision
The U.S. Federal Reserve’s (Fed) decision to keep interest rates unchanged has eased the USD price decline in Vietnam and some analysts expect it to increase again in the near future.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam economy can grow 5.5% in 2024, exchange rate can reach VND24,050: Shinhan Bank
Vietnams’s economic growth can reach 5.5% in 2024, thanks to public spending and tourism recovery outweighing external challenges, Shinhan Bank S&T Center anticipated.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank reduces exchange rate to three-month low
The State Bank of Vietnam (SBV) decreased the central exchange rate to VND23,954 per U.S. dollar Monday and further to VND23,915 Tuesday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Exchange rate inches up at Vietnam central bank, falls at commercial banks
The State Bank of Vietnam (SBV) raised the central exchange rate from VND24,088 to VND24,089 per U.S. dollar on Friday, another record high, but the rates at commercial banks moved in the opposite direction.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank 'wise' to use T-bills to stabilize exchange rate
The State Bank of Vietnam’s (SBV) intervention to stabilize the exchange rate via treasury bills (T-bills) is a careful calculation and a wise solution, according to MayBank Securities.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank issues $411 mln of treasury bills
The State Bank of Vietnam (SBV) said on Thursday it had issued nearly VND10 trillion ($411 million) of treasury bills via auction with the winning interest rate of 0.69% per year.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central exchange rate hits all-time high of VND24,036
The State Bank of Vietnam (SBV) increased the central exchange rate to VND24,036 per U.S. dollar on Friday, another record high.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central exchange rate tops VND24,000, an all-time high
The State Bank of Vietnam (SBV) increased the central exchange rate to VND24,005 per U.S. dollar on Monday, a record high.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam currency likely to remain stable, more or less: analyst
The USD/VND exchange rate is unlikely to undergo major fluctuations in the remaining months of this year, thanks to solid macroeconomic fundamentals, an analyst says.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
USD price hits another year-peak in Vietnam
The State Bank of Vietnam (SBV) increased the central exchange rate to VND23,963 per U.S. dollar on Tuesday, pushing the rate to a new record high in the year to date.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Greenback cools with new central bank reference rate
The State Bank of Vietnam (SBV) cut the central exchange rate to VND23,946 per U.S. dollar Friday, soon after the dollar rose to VND23,951, the highest so far this year.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank raises USD price to year-high VND23,881
The State Bank of Vietnam (SBV) increased the central exchange rate to VND23,881 per U.S. dollar on Tuesday, pushing the rate to its highest level so far this year.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank raises USD price to VND23,825, close to year-high
The State Bank of Vietnam (SBV) increased the central exchange rate to VND23,825 per U.S. dollar on Friday, bringing the rate close to the highest level this year at VND23,833 on July 7-8.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Accelerated public investment can boost Vietnam’s economic growth: WB
Further public investment disbursement can support Vietnam’s aggregate demand and economic growth in the short run, the World Bank said in its May edition of Vietnam Macro Monitoring.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam's central bank cuts US dollar rate to VND23,622
The State Bank of Vietnam reduced the central exchange rate to VND23,622 per U.S. dollar on Friday, from VND23,635 on Thursday and VND23,639 on Wednesday, after the U.S. Fed raised its benchmark overnight interest rate by a quarter of a percentage point to 5-5.25%.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
State Bank of Vietnam lowers central rate to VND24,600 per dollar
The State Bank of Vietnam brought the central exchange rate down to VND24,600 per U.S dollar on Monday, from VND24,603 last Friday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central bank adds $4 bln to Vietnam foreign reserves in Q1
The State Bank of Vietnam (SBV) said it net bought $4 billion of foreign currencies in the first quarter of this year to pump more Vietnamese dong into the market and improve the banking system’s liquidity.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
US dollar drops to one-month low
The buying-selling prices of the U.S. dollar in Vietnam fell to a one-month low on Tuesday, amid the U.S. Federal Reserve’s intention to conduct tighter monetary policy and the collapse of Silicon Valley Bank and Signature Bank in the U.S.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam foreign exchange reserves could hit $102 bln in 2023: securities broker
Vietnam’s foreign exchange reserves could increase to $102 billion by the end of 2023 from $90 billion in 2022, equivalent to 3.3 months of imports, said top broker VNDirect Securities.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
US dollar up on free market, down at commercial banks
The buying and selling prices of the U.S. dollar in Vietnam increased on the free market Friday but decreased at commercial banks, amid the rise of the greenback on the global market.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
US dollar drops below VND24,000 on Vietnam free market
The buying-selling prices of the U.S. dollar in Vietnam plunged Tuesday, even below the VND24,000 milestone on the free market, after the central bank reduced the central exchange rate by VND2 to VND23,624.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Weakening US dollar relieves pressure on USD/VND exchange rate: WB
The weakening U.S. dollar in November helped alleviate some of the pressure on the USD/VND exchange rate, the World Bank said in its December Vietnam Macro Monitoring edition.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
US dollar drops to three-month low
The retail price of the U.S. dollar fell Wednesday on Vietnam's free market to VND24,000, and hit a three-month low at commercial banks.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
US dollar falls on free market, increases at commercial banks
The retail price of the U.S. dollar fell on the free market again, approaching VND24,000, but went up at commercial banks on Monday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
U.S dollar drops at Vietnamese commercial banks
The buying-selling prices of the U.S. dollar at Vietnamese commercial banks plunged on Wednesday, even below VND24,000, as the central bank raised its credit expansion limit for the banking system from 14% to 15.5-16%.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
USD/VND exchange rate plummets on free market
The selling price of the U.S. dollar on Vietnam's free market fell to VND24,938 on Thursday morning, down VND62 from the previous day, approaching the rates at commercial banks.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam should allow further exchange rate flexibility: WB
Vietnam should “consider allowing further flexibility in the exchange rate, including through a quicker pace of depreciation of the reference rate,” as the U.S. Federal Reserve (Fed) is expected to continue raising interest rates, the World Bank said.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam forex reserves down to $87 bln, within safety threshold
The State Bank of Vietnam (SBV) has sold about $22 billion from its foreign exchange reserves so far this year, bringing it down to about $87 billion.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Dollar cools as US inflation situation improves
The State Bank of Vietnam (SBV) reduced the central exchange rate of the U.S. dollar to VND23,683 Friday, the second reduction in a row as inflation tensions eased in the U.S.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
U.S. dollar appreciates 8.5% against Vietnamese dong so far this year
The U.S. dollar has appreciated 8.5% against the Vietnamese dong so far this year – from buying-selling rates of VND22,610-VND22,920 on January 1 to VND24,605-VND24,875 on November 7.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
False rumors strongly impact credit institutions: central bank
The currency and foreign exchange markets have experienced turbulence under the impact of untrue information, said State Bank of Vietnam Governor Nguyen Thi Hong.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
US dollar at commercial banks hits price ceiling
Commercial banks in Vietnam have increased the U.S. dollar's selling price to VND24,885 - the upper limit set by the State Bank of Vietnam.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
US dollar surges to new peak after week of record highs
The U.S. dollar has climbed higher after a week of continuous hikes, further exceeding VND24,000 at Vietnamese commercial banks.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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