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3 days ago · The Vietnamese dong fell to a record low of 25,470 per dollar this week and has lost nearly 5% in 2024. Vietnam’s monetary authority reiterated its plan to keep selling dollars to some banks as ...
4 days ago · UOB’s report forecast a potential appreciation of the Vietnamese dong and other currencies against the dollar in the second half of 2024 if Fed rates are cut. Vietnamese dong interest rates are unlikely to decrease further and may rise again. “We expect savings rates to increase by 0.5-1.0 percentage points across different terms from May ...
3 days ago · Photo by VnExpress/Giang Huy. The U.S. dollar gained marginally against the Vietnamese dong Friday afternoon. Vietcombank sold the dollar at VND25,477, up 0.03% from Thursday. The State Bank of Vietnam kept its reference rate stable at VND24,245. The dollar went up 0.12% to VND25,770 on the black market. It has increased against the dong by 4. ...
5 days ago · Vietnam's central bank has increased interest rates for open market operation (OMO) financing and treasury bills as it tries to rein in the devaluation of the Vietnamese dong. The Vietnamese central bank is taking various measures to control the USD/VND forex rate. Photo courtesy of Thanh Nien (Young People) newspaper. The State Bank of Vietnam ...
4 days ago · Vietnam's currency is weak, but why? Learn how VND is used today, tips for conversion, history, and more essentials on the Vietnamese dong.
4 days ago · HCMC – The Vietnam dong currency is expected to fall to VND25,600 per U.S. dollar in the second quarter of 2024 but appreciate to VND24,800 in the final quarter of the year and VND24,600 in the first quarter of next year, according to currency experts from United Overseas Bank (UOB). During roundtable discussions held on […]
