US dollar plunges in Vietnam after new Fed signal

US dollar plunges in Vietnam after new Fed signal

The U.S. dollar sharply fell against the Vietnamese dong at commercial banks on Thursday after the Federal Reserve (Fed) consolidated the prospect to slow down interest rate hikes.

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

Vietnam stock market to rebound on Fed rate hike ease: VinaCapital

Vietnam stock market to rebound on Fed rate hike ease: VinaCapital

Vietnam’s stock market is expected to recover when the U.S. Federal Reserve relents on its aggressive rate hikes, unlike most other emerging economies with current account deficits and huge U.S. dollar denominated debts, according to leading investment fund VinaCapital.

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