VN-Index loses 9 points as Fed announces interest rate hike

VN-Index loses 9 points as Fed announces interest rate hike

Vietnam’s benchmark VN-Index went down 8.51 points, or 0.81%, to close at 1,040.61 on Thursday as investors exercised caution over the impact of the U.S Federal Reserve’s (Fed) interest rate hike.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

VN-Index plunges amid global downturn

VN-Index plunges amid global downturn

Vietnam’s benchmark VN-Index dropped Monday by nearly 30 points on massive selling driven by global market downturn and the State Bank of Vietnam’s deposit rate ceiling hike.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Central bank to boost foreign currency sales

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

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