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 posts another record high as central rate keeps rising
The U.S. dollar at commercial banks has reached another all-time high against the Vietnamese dong after Vietnam increased its central rate to VND23,316 on Thursday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam increases central rate, dollar hits record high
The dollar climbed to an all-time high against the dong after Vietnam increased its central rate to VND23,301 Tuesday amidst concerns over expected interest hikes by the U.S. Federal Reserve.
Banking & Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central bank to boost foreign currency sales
The State Bank of Vietnam planned to increase the frequency of foreign currency sales in response to heightened pressure in the foreign exchange market induced by the U.S. Federal Reserve's interest rate hike.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam's foreign exchange reserve hits record height
Vietnam’s foreign exchange reserve recorded an all-time high of $109.9 billion in 2021, according to the State Bank of Vietnam.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant
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Vietnam gov’t irons out incentives for rooftop solar development
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